Mt Gox

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    Is Bitcoin a Ponzi scheme?

    Even before digital currency landed on the public's radar in 2013, people have been asking, "Is Bitcoin a Ponzi scheme?"

    Many of Bitcoin's critics are convinced the answer is yes.

    The collapse of the Mt. Gox Bitcoin exchange in February 2014 had many announcing that not only was Bitcoin a Ponzi scheme, but also that it was finished.

    Here's why they're wrong...

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