[scotty79]

> If bitcoin is just a bubble why is it still here after 'popping' like five times.

Because it is built to be infinitely reinflatable. Bitcoin bubble popping changes nothing about Bitcoin and human greed.

> And if the protocol that rewards the token holders is a Ponzi who is the Ponzi schemer?

People who create the protocol and set the rewards for themselves and others and cash out before the whole thing collapses.