EnchantedSoul
Sun Jul 14 2024
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5 answers
861
Is bitcoin a Ponzi scheme or a pump-and-dump scheme?
Could you elaborate on the notion that Bitcoin is being compared to a Ponzi scheme or a pump-and-dump scheme? Is there a fundamental misunderstanding of how Bitcoin functions and its underlying blockchain technology? Could you explain the key differences between these schemes and Bitcoin's decentralized, peer-to-peer nature? Are there any specific examples or indicators that suggest Bitcoin operates similarly to a Ponzi or pump-and-dump? Clarifying these distinctions could provide valuable insight into the true nature and potential of Bitcoin as a financial asset.
