Is Cryptocurrency One Big Ponzi Scheme?

[Brainnin]

Cryptocurrency is different from ponzi, ponzi are created with the purpose of promising people of getting double of what they invest within a short period of time, while cryptocurrency are created mainly to stabilize people income, save funds by investing money in buying Bitcoin instead of banking in banks in which we yield low interest after a long period of time.

[karanggatak]

I think cryptocurrency is not a ponzi scheme because crypto has survived for 10 until now it is still growing. if the ponzi scheme cryptocurrency will not last long. for example, like MMM, which only lasted 2 years, is a ponzi scheme. and the number of ICOs and new coins that appear is the work of fraudsters who want to get money quickly.

[Bunsomjelican]

The basic underlying idea behind the use and creation of cryptocurrency is to present financial freedom to everybody no matter where you find yourself in this world. But the volatile nature of these digital currencies got me thinking, what if the whole idea of blockchain and cryptocurrency is just one giant Ponzi Scheme?  Within a short period of time, there have been about thousands of cryptocurrencies created. Majority of these digital currencies are either trying to solve problems of a particular cryptocurrency by presenting solutions they think can help improve financial freedom. This usually gets me wondering and thinking. If you don't agree with me on this, please share your thoughts...

Literally speaking, yes! it is a Ponzi scheme. Only if you are not yet fully knowledgeable in cryptocurrency pal.
But once you discover the deepest reason of it, you will find out in a long run that this cryptocurrency can give a big help
for us to gain big in the future and its potentiality in the market as long as the coins you are going to hold em has a high volume
in the market as well.