Bitgesell

Why isn't Bitgesell a Ponzi scheme? Bitgesell, like Bitcoin, is not considered a Ponzi scheme because it lacks the key characteristics of fraudulent investment schemes. Ponzi schemes typically promise high returns with little or no risk, using new investors funds to pay earlier investors. Here's the 24 reasons why Bitgesell can never be considered a ponzi scheme. 1. Decentralization Bitgesell operates on a decentralized network of nodes, meaning there is no central authority or entity controlling it. In contrast, Ponzi schemes are typically orchestrated by a central figure or organization. 2. Blockchain Technology Bitgesell transactions are recorded on a transparent and tamper-resistant public ledger called the blockchain, reducing the likelihood of hidden fraudulent activities, a feature absent in Ponzi schemes. 3. Limited Supply With a capped supply of 21 million coins, Bitgesell creates scarcity, potentially driving high demand. Ponzi schemes often promise unlimi