I dont think it was intended to be a ponzi scheme in the strict definition, but any currency only works if its agreed to by all participants and achieves a scale of participation worth valuing.
So in essence ALL money is a ponzi scheme.
I dont think it was intended to be a ponzi scheme in the strict definition, but any currency only works if its agreed to by all participants and achieves a scale of participation worth valuing.
So in essence ALL money is a ponzi scheme.