Dispelling
          
          FUD
        
        
          FUD
        
              
                BITCOIN IS A PONZI
              
            
            
                
                Bitcoin is not a Ponzi:
              
              
                  
                  
                    Old investors are not paid any money by new investors.
                  
                
                
                  
                  
                    When buying bitcoin, no one is promising a return on your
                    investment.
                  
                
                
                  
                  
                    There is no leader or promotional team.
                  
                
                
                  
                  
                    No mining has been done before.
                  
                
                
                  
                  
                    Read:
                    
                      Lyn Alden's 'Why Bitcoin is Not a Ponzi Scheme'
                    
                    article.
                  
                
              
              
                BITCOIN IS TOO SLOW
              
            
            
                
                
                  Although the Bitcoin network is slow, it is built on top of a
                  second layer called the Lightning Network, which is much
                  faster.
                
              
              
                
                
                  The Bitcoin network can process around 7 transactions per
                  second (TPS).
                
              
              
                
                
                  Visa network claims to process up to 24,000 transactions per
                  second, but real-world usage is closer to 4,000 TPS.
                
              
              
                
                
                  The Lightning Network can process millions of transactions per
                  second!