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by SippinLean 2952 days ago
Bitcoin's protocol has no central actor to disproportionately redistribute new investors' money to old investors, a Ponzi scheme would be impossible.
2 comments

So there's not even a logical organizing principle that would actually benefit someone, it's just collective insanity. There's still no obvious application of Bitcoin. This is just slavish alter building to the god of markets.
... or alternately all money is a Ponzi scheme. Take your pick.