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Sorry but how is the wealth destroyed exactly? That wealth isn't destroyed, it's transferred to the earlier adopters who sold the crypto-asset for legal tender/
by loceng 9y ago
Sorry but how is the wealth destroyed exactly? That wealth isn't destroyed, it's transferred to the earlier adopters who sold the crypto-asset for legal tender/currency. It's true that it's removed from the crypto-assets ecosystem, the losses falling on those at the end of the Pyramid-Ponzi schemes.
- loceng 9y agoThanks for the 2 downvotes strangers - curious why and what vested interest you likely have in crypto-assets structured as Pyramid-Ponzi schemes. Would love to get a qualitative response instead of quantitative downvotes, the whole point of conversation..