One of the concerns aimed at Bitcoin is that it’s a Ponzi scheme. The argument suggests that because the Bitcoin network is continually reliant on new people buying in, that eventually it will collapse in price as new buyers are exhausted.
So, on this episode of Crypto Talk Tuesday we’ll take a serious look at this concern by comparing and contrasting Bitcoin to systems that have Ponzi-like characteristics, to see if the claim holds up.
The short answer is that Bitcoin does not meet the definition of a Ponzi scheme, but we’re going to dive in to see why that’s the case.
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The information provided in the Crypto Talk Tuesdays discussion is for educational purposes only. We are not financial advisors and do not offer or provide financial advice. Please do not buy or sell anything based on these sessions.
