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mikkom
on Feb 8, 2014
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Bitcoin Ponzi scheme
Ponzi scheme is ok if you are in at the beginning of the scheme. That's what makes this interesting - it's basically a bet that other people will also believe this will go on.
sklivvz1971
on Feb 8, 2014
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Unless someone runs off with the money (and in any case, unless you are the first, you never know if you are at the "beginning")
eschaton
on Feb 8, 2014
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Ponzi schemes aren't OK. They're a form of theft, both immoral and illegal.
omni
on Feb 8, 2014
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Please justify the usage of the word "theft" to describe this if it is perfectly upfront about what it's doing. Surely you meant to say gambling.
jacob019
on Feb 9, 2014
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by that logic the loto is immoral theft also, seems more like consenting individuals engaging in gambling.
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