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Iirc, ponzi schemes used to be welcomed on the bitcointalk forums. And people would sign up, knowing they were ponzis. Kinda like people playing roulette at a c
by im3w1l 6y ago
Iirc, ponzi schemes used to be welcomed on the bitcointalk forums. And people would sign up, knowing they were ponzis. Kinda like people playing roulette at a casino knowing they are playing a losing game but do it anyway for the thrill.
- Thorentis 6y agoThey're not always losing schemes (i.e. only some people lose), it just depends on if you're at the end or not. The reason they were encouraged is because people enjoyed gambling on how long they would last, and it was extra incentive to use BTC, etc.