Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
doomroot
on March 2, 2021
|
parent
|
context
|
favorite
| on:
Bitcoin Is Time
So half the people that use gold are involved in a ponzi scheme?
ttul
on March 2, 2021
[–]
It may also not be correct that Bitcoin is a Ponzi scheme. A Ponzi scheme is, strictly speaking, one wherein the latest investors are used to pay out interest and withdrawals to earlier investors.
Consider applying for YC's Fall 2026 batch!
Applications
are open till July 27.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: