Comment: There is no central entity, just individuals building an economy

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In reply to comment: Bitcoin: The Ponzi Scheme Myth (see in situ)

There is no central entity, just individuals building an economy

Ultimately that's what a pyramid scam is, a bunch of wannabe P. T. Barnum's selling the scam to suckers because they want to profit off newcomers.

"A ponzi scheme is a zero sum game."

BitCoin represents nothing of value and creates nothing of value.
That's why I say go with ByteTurd. (Trademark Pending)

At least you'll know that your digital currency was backed up by something of value; a conman eating turds.