its only a ponzi if you don't truly understand the technology. onecoin can and is a ponzi because there is no proof of a decentralized immutable ledger.
tone vays said in our debate that we both lacked the technical knowledge to confirm this fact in regards to steem. i then lost what remaining respect i had for him at that point
But they say that there is the real blockchain in Onecoin, and people can buy goods in dealshaker.com with Onecoin. I am rather puzzled. I don't know how to judge real cyptocurrency from a ponzi.
well i do understand, because you go around evangelizing and telling people to buy cryptos, but this is totally new concept... and nobody really knows where it will take us, but for first time people are in some control of money.... so you need to get educated and involved
If I had a penny for every time I heard the "Ponzi" argument amongst my peers (Special Operations Aviators, no less), I'd probably be able to trade those pennies for another BTC.
A select few have eyes to see.
What REALLY shocks me is the one who bugged me the MOST about wanting to understand how to get a foothold into crypto is none other than my Mother-in-Law...who turns 70 this year.
Go figure...the co-workers who are young and working in the epicenter of technology (we are based in Silicon Valley) are the ones giving me the "Oh, are you going to buy shrooms on the Silk Road?" argument.
its only a ponzi if you don't truly understand the technology. onecoin can and is a ponzi because there is no proof of a decentralized immutable ledger.
tone vays said in our debate that we both lacked the technical knowledge to confirm this fact in regards to steem. i then lost what remaining respect i had for him at that point
i looked at Onecoin website for 2 seconds and i was sure it is bull.....
But they say that there is the real blockchain in Onecoin, and people can buy goods in dealshaker.com with Onecoin. I am rather puzzled. I don't know how to judge real cyptocurrency from a ponzi.
well i do understand, because you go around evangelizing and telling people to buy cryptos, but this is totally new concept... and nobody really knows where it will take us, but for first time people are in some control of money.... so you need to get educated and involved
If I had a penny for every time I heard the "Ponzi" argument amongst my peers (Special Operations Aviators, no less), I'd probably be able to trade those pennies for another BTC.
A select few have eyes to see.
What REALLY shocks me is the one who bugged me the MOST about wanting to understand how to get a foothold into crypto is none other than my Mother-in-Law...who turns 70 this year.
Go figure...the co-workers who are young and working in the epicenter of technology (we are based in Silicon Valley) are the ones giving me the "Oh, are you going to buy shrooms on the Silk Road?" argument.
There is a massive disconnect.
It is not by accident.