Bitcoin Is a Ponzi Scheme: The Internet Currency Will Collapse - Slate Magazine

Thursday, April 11, 2013

Slate Magazine

Bitcoin Is a Ponzi Scheme: The Internet Currency Will Collapse
Slate Magazine
The Internet's currencyโ€”a secure, private, decentralized type of money that makes possible anonymous and virtually costless transactions across bordersโ€”contains the seeds of its own destruction. More than anything else, it resembles a Ponzi scheme ...
Bitcoin: Ponzi Scheme or Paradigm Shift?Midas Letter

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