[2014-2-1]-IBT: Bitcoin Could Turn into Ponzi Scheme: Estonian Central Bank

[BTCIndia]

“Virtual currency schemes are an innovation that deserves some caution, given the lack of any guarantees and responsible parties to back them in the longer term or evidence that this isn't just a Ponzi scheme.”
- Mihkel Nommela of the Estonian central bank

First they said, Bitcoin is Pnzi scheme. Now, they say it could turn into Ponzi Scheme.
Tomorrow they'll say, I'm sorry. Bitcoin is not a ponzi scheme.
Day after tomorrow they'll say, Bitcoin is what you used to say.

http://www.ibtimes.co.uk/bitcoin-could-turn-into-ponzi-scheme-estonian-central-bank-1434738

[guybrushthreepwood]

If Bitcoin is a Ponzi then so is the stock market.

[johnyj]

Fiat money is the real Ponzi Scheme, the only thing you can do is to dump it on the next guy. When a Ponzi Scheme has reached everyone, it becomes a currency