Let’s distinguish the details from the fiction.
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Bitcoin has been round for over a decade now. Regardless of its spectacular monitor file of:
sustaining the blockchain on-line since its inceptionundergoing 4 halvingsreceiving approval as an ETF by the SEC this yr (2024)and surviving no less than 5 vital bear markets….
it nonetheless amazes me that some within the monetary trade proceed to label Bitcoin as a Ponzi scheme.
I see and listen to most of those statements come from people who’ve both:
by no means used Bitcoin of their lifelack the technical understanding of Bitcoin and the Blockchain community.have misplaced cash buying and selling or investing in Bitcoinhave been scammed by crypto-related schemes or….those that merely dismiss what they don’t perceive as a result of they’re unwilling to adapt to new expertise or methods of residing.
This isn’t to say that I’m an skilled on this material, however from my years…
