Hacker News Reader

You completely mischaracterized my statement. Also, you don’t know what a Ponzi scheme is.

I said that early adopters take risks that pay off when conservative investors are looking for safe plays.

Seriously, shame on you.

i take back what i said. i apologize. i read it not as a general statement but as a defense on bitcoin. taking risk on something that does not have any income potential and passing it off to late joiners is very essence of ponzi scheme.

Fair enough. We’re cool, then!

Reply on news.ycombinator.com