[cantSpellSober]

A decentralized "Ponzi scheme?" Do you understand what Charles Ponzi or Bernie Madoff did?

[lxgr]

Yeah, Ponzi sold quasi-currency issued by somebody other than him to people for a promise of large profits! Why do you ask?

[cantSpellSober]

That's incorrect.

> one might argue [bitcoin] is [a Ponzi scheme] by its current holders

Going on Twitter and saying "buy BTC!" isn't a Ponzi scheme...

https://en.wikipedia.org/wiki/Ponzi_scheme