Crypto is a ponzi scheme

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Ben McKenzie: Crypto is a Ponzi Scheme - Real Time with Bill Maher (HBO)
A classical Ponzi scheme is a financial fraud run out of smoke-filled rooms of old men shuffling money around bank accounts and manipulating accounting. Both Ponzi and pyramid schemes are illegal. For the sake of the simplicity of this blog, we treat both as one and the same. Cryptocurrencies vs Ponzi Schemes. This one is history, and the answer is clearly �yes�. Ponzi scheme refers to a specific type of fraud, what is going on with bitcoin should.

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Then people invest more, causing the price to rise further, leading to a vicious cycle, until eventually the whole bubble pops. These issues alone prove that Bitcoin cannot be a Ponzi Scheme. However, most crypto coins are expected to disappear, and crypto trading will be made easier with the emergence of platforms like Dash 2 Trade. This cycle continues until there are no more new investors, and the scheme collapses. Another sign you may want to look out for is participants generating revenue by recruitment.