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Replying to Avatar The Daniel ⚡️

Heaven help me, I have a friend who I tried to onboard to bitcoin several years back who called it a Ponzi scheme then and still thinks it’s one.

He sent a picture of SBF and said, “No thanks, I’m not a sucker.”

I wrote back, “Yes, everything else in crypto IS a scam. You think Ponzi schemes are something new? Let me introduce you to a guy named Ponzi from 100 years ago.”

I’m probably wasting my time, aren’t I?

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paulo 2y ago

He’s a hard position and it feels that you’re interactions are hardening it more.

However, Bitcoin makes no promises about future return nor does it give any guarantees of anything.

So someone please explain to me how this is a ponzi.

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