Cryptocurrency

Is Bitcoin a Trendy Ponzi Scheme? | by The Blockchain Chronicles | The Darkish Aspect | Aug, 2024


Let’s distinguish the information from the fiction.

The Dark Side
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Bitcoin has been round for over a decade now. Regardless of its spectacular monitor file of:

  • sustaining the blockchain on-line since its inception
  • present process 4 halvings
  • receiving approval as an ETF by the SEC this yr (2024)
  • and surviving at the very least 5 vital bear markets….

it nonetheless amazes me that some within the monetary trade proceed to label Bitcoin as a Ponzi scheme.

I see and listen to most of those statements come from people who’ve both:

  • by no means used Bitcoin of their life
  • lack the technical understanding of Bitcoin and the Blockchain community.
  • have misplaced cash buying and selling or investing in Bitcoin
  • have been scammed by crypto-related schemes or….
  • those that merely dismiss what they don’t perceive as a result of they’re unwilling to adapt to new expertise or methods of residing.

This isn’t to say that I’m an professional on this subject material, however from my years…



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The Blockchain Chronicles
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