Subnostr

Proof of Work is the special element that makes Bitcoin NOT a Ponzi.

There is no central issuer, anyone can become one of the issuers.

If you want to get coins, you don't have to buy them from someone else – you can mine them yourself.

A fair money system for a better world!

Please Login to reply.

So your argument is that it's decentralized Ponzi? 😅

That’s an oxymoron.

A Ponzi has a central issuer who takes your money, then pays back early investors.

Proof of Stake is a Ponzi, as you can’t get into the system without enriching early adopters.