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Author Topic: Newbie here, simple question... (aka Great Simoleon Caper)  (Read 729 times)
Rindill
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June 16, 2011, 01:04:10 PM
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How do you convince people this isn't a scam?

It seems an awful lot like a pyramid scheme to me.

People on the ground floor get really really rich, and create a whole new currency out of thin air.

AMD cards mine more money, so AMD adds fake value to their cards, selling more.

Everyone I told about bitcoins say its a pyramid scheme... so how do I convince them otherwise?
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin-Qt, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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BitVapes
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June 16, 2011, 01:20:52 PM
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maybe you shouldn't try... some people are just stubborn and futher attempts at convincing them of something and they will just keep getting more defensive and building a wall between them and everything you try to tell them.

some people just have to discover things on their own.

Buy Electronic Cigarettes with Bitcoin @ http://bitvapes.com
Rindill
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June 16, 2011, 01:25:25 PM
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http://www.quora.com/Bitcoin/Is-the-cryptocurrency-Bitcoin-a-good-idea
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June 16, 2011, 01:58:41 PM
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https://en.bitcoin.it/wiki/Myths#It_s_a_giant_ponzi_scheme

I know this because Tyler knows this.
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June 16, 2011, 02:09:27 PM
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Time will tell...
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