Is Bitcoin a Ponzi Scheme?
13 August 2025
I critique the labeling of Bitcoin as a Ponzi scheme, emphasizing the need to understand the distinctions between legitimate assets and fraudulent schemes. I argue for Bitcoin’s role as an effective medium of exchange due to its limited supply and energy requirements, contrasting it with fiat currencies that are subject to political manipulation. I aslso dismantle common criticisms of Bitcoin, advocating for informed discourse around cryptocurrencies and their potential to promote financial independence.
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