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re: Bitcoin is a Ponzi scheme—the Internet’s favorite currency will collapse.

Posted on 4/18/13 at 10:40 am to
Posted by gizmoflak
Member since May 2007
11675 posts
Posted on 4/18/13 at 10:40 am to
12 pages and we have yet to hear credible arguments as to why bitcoin is a ponzi scheme


I've come to realize that the anti-bitcoin crowd just wants to paint the Ponzi scarlett letter all over it for whatever petty reason.


FTR, I'm not sitting on either side of the fence, and I don't have a skin in the bitcoin game, but all the incessant & disingenuous denigration of bitcoin is really annoying. It prevents any rational discussion of what, to me, is an intriguing technology.

This post was edited on 4/18/13 at 10:40 am
Posted by LSURussian
Member since Feb 2005
127310 posts
Posted on 4/18/13 at 10:42 am to
quote:

we have yet to hear credible arguments as to why bitcoin is a ponzi scheme

The explanation has been covered. You choose to ignore it.
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/18/13 at 10:46 am to
quote:

FTR, I'm not sitting on either side of the fence, and I don't have a skin in the bitcoin game, but all the incessant & disingenuous denigration of bitcoin is really annoying. It prevents any rational discussion of what, to me, is an intriguing technology.




Thank you for stating this!
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