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by skymer 1293 days ago
I don't think bitcoin is a Ponzi scheme. But if it becomes the "last man standing" in crypto, the scammers will just use it as the backbone for their scams, instead of promoting their own standalone coins. Smart contracts, NFTs etc. all grafted onto bitcoin just like the lightning network has been (I am not saying the lightning network is a scam, just an example of something complex grafted onto bitcoin).