1 thought on “Is Bitcoin gold ore or a New Ponzi scheme”
Angelo
The Ponzi scam is a fraud investment operation. It uses the investor's own money to pay for investors, or use the money of the new investor to pay to the old investor instead of the money made by the company itself. Bet off. When there is not enough new investors to join, it will cause the Ponzi scheme to disintegrate, and the final investor will suffer losses. Bitcoin is a free software project without central management agencies. Therefore, no one can make false statements for investment returns. Like other major currencies, such as gold, USD, euro, yen, Bitcoin cannot guarantee purchasing power and the exchange rate is freely floating. As a result, the volatility makes Bitcoin holders unable to predict profit or loss. The fact is that because of its useful and competitive characteristics, Bitcoin is being used by thousands of users and enterprises.
The Ponzi scam is a fraud investment operation. It uses the investor's own money to pay for investors, or use the money of the new investor to pay to the old investor instead of the money made by the company itself. Bet off. When there is not enough new investors to join, it will cause the Ponzi scheme to disintegrate, and the final investor will suffer losses.
Bitcoin is a free software project without central management agencies. Therefore, no one can make false statements for investment returns. Like other major currencies, such as gold, USD, euro, yen, Bitcoin cannot guarantee purchasing power and the exchange rate is freely floating. As a result, the volatility makes Bitcoin holders unable to predict profit or loss. The fact is that because of its useful and competitive characteristics, Bitcoin is being used by thousands of users and enterprises.