Let's not lower the discussion down to the level of insults. Bitcoin has both virtues and flaws, but to say it is a ponzi scheme is factually incorrect.

The Bitcoin blockchain is the largest immutable data store ever built. If you want to question its trustworthiness, then do it with a logical argument instead of a biased opinion based on its current monetary value. Immutable data stores will soon be required by just about everything you use that is connected to the Internet, mostly for reasons that have nothing to do with value.

Like it or not, we better get used to the idea of blockchains in our lives.

I don't think you know what a ponzi scheme is.

It's perfect for his situation. Also calling it a Ponzi scheme is a bit of a stretch. And by 'a bit' I mean 'a lot'.

We detached this comment from https://news.ycombinator.com/item?id=10305204 and marked it off-topic.

> I'm surprised he's using Bitcoin, since bitcoin is a ponzi.

Let's keep the discussion to actual facts please.