RE: Ponzi vs stocks vs bitcoin vs steem... My opinions.

You are viewing a single comment's thread from:

Ponzi vs stocks vs bitcoin vs steem... My opinions.

in ponzi •  8 years ago 

The global money system (FIAT money) is definitely a pyramid scheme by default. As there are no assets behind a currency, except the value we collectively give it, it is a Ponzi.
But as long as the right to print money is such an important tool for every government, they will fight anything that challenge this right. That is why I believe that BitCoin and any other cryptocurrencies have a limited lifespan. The day the volume of such currencies becoem a threat to the FIAT money, they will be closed down

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!