Ponzi

PONZI SCHEMES ARE FRAUDULENT INVESTMENT SCHEMES THAT TRANSFER MONEY WITHOUT PROVIDING GOODS OR SERVICES. THEY PROMISE GREAT RETURNS AND USE COLORFUL LANGUAGE TO LURE NA�VE INVESTORS, BUT ARE REALLY A TECHNIQUE FOR THE OPERATORS TO ENRICH THEMSELVES. BITCOIN, A PEER-TO-PEER DIGITAL CURRENCY, ELIMINATES INTERMEDIARIES AND PROVIDES A SECURE, TRANSPARENT TRANSACTION SYSTEM. "BITCOIN IS NOT A PONZI SCHEME. IT'S A ROBUST AND TRANSPARENT CRYPTOGRAPHIC LEDGER." - WENCES CASARES