Is cryptocurrrency a ponzi scheme?

[bitterguy28]

Why would you call the entire cryptocurrency a Ponzi scheme?

that is what's the problem with most people they tend to generalize crypto into just one assumption just because they have encountered one crypto project that has some similar properties to a ponzi scheme they immediately think every crypto project is one and i have heard this from newbies or just those who are not overly familiar with crypto

Of course, there are many people who use crypto to defraud with Ponzi schemes but we can easily identify them. For example the misuse of an Initial coin offering or ICO is one method that is characterized by a Ponzi scheme.

the main difference between cryptocurrencies and ponzi schemes is that ponzi can collapse all of a sudden because the early investors have already benefitted from the late investors and now can pull out of it any time they want this is only possible in a crypto project if most of the allocations are in the hands on the dev team or owners

[Faisal2202]

I feel for those who fell victim to the Ponzi schemes. Only if people can make thorough verification of these projects before investing, then the victims won’t be much. But most people have allowed themselves to be blinded by greed.
I actually didn’t hear about Treasure NFT, but whenever a project promises 100% ROI, it’s a red flag to me.

It was a big scam that targeted the citizens of Pakistan, India, Bangladesh etc. They had some packages started from 100$ and people could earn 2 to 5 dollars a day and at start or for at least 6 months they gave withdrawals to everyone.

People made hell lot of money, in the last they started to give offers like with one more paid referrals they could give good profit so people started to make new referrals, at the end they ran away. Point is even if we could guide them about this, as I guided as many people in my radius as I can, they did not listened to me, they only saw that people are getting withdrawals so we could also.

[Report]

Seeing how the Meme token that has been around on cypto works, I think it's more appropriate to say that it falls into the Ponzi Scam category because I see those who are the first to know about the Meme token, usually when it's pumped, they will sell it as soon as possible.
Then those who are left behind to buy the Meme token end up missing out on making a profit which ends up only getting trash tokens, isn't that how the Ponzi Scam works where the one who ends up losing?

This cryptocurrency is very broad and has many types so I also have a different interpretation because Bitcoin and Ethereum are also included in the cryptocurrency category but I'm sure that Bitcoin and Ethereum are not Ponzi Scams.

[Rruchi man]

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There are some clear indications of Ponzi schemes; one is majorly the need for you to bring in more persons to join the pyramid. There is no demand for that in crypto because you can invest in crypto without bringing anyone and still profit from your investment.

[Findingnemo]

Bitcoin doublers were too old for anyone fall, I mean when twitter accounts of people like Elon, Bill Gates then people had a reason to fall for it but random chinese platform claims 10x in months and if someone falling then it's no one but themselves to be blamed.

Crypto itself an asset, own it, hold it and sell it that's enough to make profits.