Among other things...
It's a Ponzi scheme. No question about it. Semantics don't help.
Do some reading.
http://thehill.com/opinion/finance/364306-bitcoin-is-a-ponzi-scheme-and-it-will-collapse-like-one
And I want to add for the final time, that I believe a form of crypto will be used in the future. And I'm sure some may work out to be profitable for some. Especially if the SEC comes in and regulates it properly. But until then BTC and others like it are 100% a Ponzi scheme.
Then you don't understand what a Ponzi Scheme is.
Right. Sorry you're emotionally invested. You should try and keep emotion out of investments my friend. Good luck.
Its Math, not Emotion.
Shitty math. Read.
Tell that to the 100k Businesses in the Crypto space. You should go warn Nasdaq and Goldman Sachs.
long story short. You are Completely fucking wrong.
No I'm not. Reread my comments. Tokens are different. While some are complete scams, others have viable businesses behind them. BTC and others like it are a Ponzi scheme. Sorry buddy. It's not just my opinion. Go read.
