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Some great links in that post: https://prestonbyrne.com/2017/09/01/the-bear-case-for-crypto/ https://prestonbyrne.com/2017/09/01/the-bear-case-for-crypto... -
by Goladus 9y ago
Some great links in that post:
https://prestonbyrne.com/2017/09/01/the-bear-case-for-crypto/ https://prestonbyrne.com/2017/09/01/the-bear-case-for-crypto... - The Bear Case for Crypto
https://prestonbyrne.com/2017/12/08/bitcoin_ponzi/ https://prestonbyrne.com/2017/12/08/bitcoin_ponzi/ - The Problem with Calling Bitcoin a "Ponzi Scheme"
Answer: it's actually a hybrid Ponzi scheme and Pyrmaid scheme with all the strengths and none of the weaknesses of either (weakness in terms of getting caught and blamed when the house of cards comes crashing down).
https://medium.com/@yobanjo/ethereum-wont-scale-like-you-ve-been-told-cae445bef539 https://medium.com/@yobanjo/ethereum-wont-scale-like-you-ve-... - Ethereum won't scale like you've been told