blockchain

Is Bitcoin a ponzi scheme?

Investopedia’s describes a ponzi scheme as a fraudulent investing scam promising high rates of return with little risk to investors. The ponzi scheme generates returns for older investors by acquiring new investors. This is similar to a pyramid scheme in that both are based on using new investors’ funds to pay the earlier backers. For …

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Amazon leveraging blockchain as enabler for new forms of income

Jeff Bezos‘ strategy of continuous evolution has allowed Amazon to experiment in adjacent areas that then became franchises. A website that once sold only books but now lets anyone run its own online store. A warehouse and logistics infrastructure that Amazon built to sort, pack, and ship those initial books that is now turned into …

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