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>> “It’s like a casino,” he said in an interview. “If it goes up 100 times you resell it, if it doesn't, well, you don’t tell anyone.” He meant to say Ponzi sc
by yunohn 6y ago
>> “It’s like a casino,” he said in an interview. “If it goes up 100 times you resell it, if it doesn't, well, you don’t tell anyone.”
He meant to say Ponzi scheme, right? This is not how casinos work.
- rednerrus 6y agoThis is crypto in a nutshell.
- BitwiseFool 6y agoStrictly speaking this isn't a Ponzi scheme but more of a speculative mania than anything else.