Is Bitcoin a Ponzi scheme?

Alberto Ribes
6 min readSep 17, 2021

Lets see…

It is September 2021, and I can still find new articles with that very old narrative about Bitcoin. Anyone that has been learning about it for more than a day should be confident in the answer, so this article is for the really new comers.

Now, the Bitcoin network has around 125 million users, there are hundreds of thousands of developers working around this technology, a country made it legal tender and some others like Ukraine and Panama are moving in the same direction. So why still people think this is a Ponzi Scheme?

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Alberto Ribes

I was a developer for a bank in Spain until the 2008 Economic Crisis. Since then enterpreneur, property manager and autodidact in economy.