Because the rules are defined and the system is fair for everyone. They don't change at the whim and will of some cabal that might agree with you for the day.

Wikipedia's definition isn't cannon:

http://www.sec.gov/spotlight/enf-actions-ponzi.shtml

If I promise you something for amount XYZ and I need a future investor to deliver it and then another another for that investor, I have committed fraud. You can code it anyway you like, it isn't self-sustaining nor ends well for the vast majority of people involved.

But I'm done with this debate. I've had my say and so did Josh. I won't post in this thread anymore.

Alright I'm out

Now about that dev tweet...

Finally Gweedo and I agree on something. Please use tor.

You'd be nuts not to 

We need to create a blog or a website to help develop this idea further. I think there is great potential, but trolls and cynics are going to try to derail this one pretty quickly

Satoshi,

If you're still reading these forums could you write a brief article on why you created bitcoin for the Bitcoin Education Project's history archive. We can verify your identity with your key from the original paper. Just send it to one of the old vets here and have them relay it to me. Our content has been released under a creative commons license and will be forever free.

 

Not going to happen

Replace money with product. If I sell something that doesn't exist and I spend all my money trying to develop it, then I don't have enough money to actually built it once its finished. Thus I need more money to service the original orders. And then I need more money to service the new orders. The circle doesn't stop. Unless you make enough money in profit to recoup the original R&D cost. But they are committed to developing the minirig which will likely put them further in the red.

Ponzi schemes can and often do have a product. Even if an asic exists if they spent our preorder money on developing it they would need new preorders to service the original preorders. That is a ponzi scheme. Bernie madoff paid a lot of people. He just couldn't do it without continuous new money

As I said before. I am going to wait and see both shipment volume and reviews from members of this forum as they receive them.

This is just amazing to me

My god how arrogant are you people? You are just begging for a fork?

Then issue a tweet saying it is impossible. Please do not assume the role of deciding the pr people and then abandon your newfound duties.

This is a pr issue involving the technology of bitcoin. Since the devs have begun deciding pr issues, it is now their job to comment. Could someone who is a dev please review this claim and issue a formal statement

Once we have a definitive answer. Please have gavin or someone else issue a counter tweet

Not in all countries and it can be argued if this becomes public knowledge that we no longer have this defense. Look at Tor operators

Like my recap?