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No. The essence of a Ponzi scheme is that outsized returns are fraudulently produced by using new investment funds to pay for withdrawals rather than being inve
by jhayward 5y ago
No. The essence of a Ponzi scheme is that outsized returns are fraudulently produced by using new investment funds to pay for withdrawals rather than being invested or retained. That's pretty much what Tether is alleged or suspected to be doing.
- LudwigNagasena 5y agoUgh, outsized returns, that’s what I said. What outsized returns do owners of Tether expect? How much money can I expect to earn if I buy Tether instead of stocks or bonds? I expect to earn less.
- graeme 5y agoCheck out Nexo and Defi. Those places claim to let you earn 12-20+% interest on USDT. There’s your Ponzi returns.