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by lxgr 736 days ago
Yeah, Ponzi sold quasi-currency issued by somebody other than him to people for a promise of large profits! Why do you ask?
1 comments

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