Topic: [2014-2-1]-IBT: Bitcoin Could Turn into Ponzi Scheme: Estonian Central Bank (Read 577 times)
February 01, 2014, 10:03:40 PM
Fiat money is the real Ponzi Scheme, the only thing you can do is to dump it on the next guy. When a Ponzi Scheme has reached everyone, it becomes a currency
February 01, 2014, 06:44:53 AM
If Bitcoin is a Ponzi then so is the stock market.
February 01, 2014, 06:34:53 AM
“Virtual currency schemes are an innovation that deserves some caution, given the lack of any guarantees and responsible parties to back them in the longer term or evidence that this isn't just a Ponzi scheme.”
- Mihkel Nommela of the Estonian central bank
First they said, Bitcoin is Pnzi scheme. Now, they say it could turn into Ponzi Scheme.
Tomorrow they'll say, I'm sorry. Bitcoin is not a ponzi scheme.
Day after tomorrow they'll say, Bitcoin is what you used to say.
http://www.ibtimes.co.uk/bitcoin-could-turn-into-ponzi-scheme-estonian-central-bank-1434738
- Mihkel Nommela of the Estonian central bank
First they said, Bitcoin is Pnzi scheme. Now, they say it could turn into Ponzi Scheme.
Tomorrow they'll say, I'm sorry. Bitcoin is not a ponzi scheme.
Day after tomorrow they'll say, Bitcoin is what you used to say.
http://www.ibtimes.co.uk/bitcoin-could-turn-into-ponzi-scheme-estonian-central-bank-1434738
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