4 ms·

So like the great Beanie Baby ponzi scheme of the mid-90s, then? Or baseball cards? Or art investment?

• hanniabu 5y ago
  Just like IPOs
• JumpCrisscross 5y ago
  > like the great Beanie Baby ponzi scheme of the mid-90s, then? Or baseball cards? Or art investment? The quantity of paid promotion for cryptocurrencies is unrivaled by each of those examples save, perhaps, for art.
  • Taek 5y ago
    Is art a Ponzi scheme?
    • vultour 5y ago
      Art is a vehicle for money laundering
      • kergonath 5y ago
        That’s completely irrelevant. Real estate is a vehicle for money laundering, yet nobody is calling that a Ponzi scheme.
        • tolbish 5y ago
          https://www.strongtowns.org/the-growth-ponzi-scheme https://www.strongtowns.org/the-growth-ponzi-scheme https://theweek.com/business/1001518/homes-should-not-be-a-store-of-wealth https://theweek.com/business/1001518/homes-should-not-be-a-s... https://www.counterpunch.org/2021/06/11/the-coming-crash/ https://www.counterpunch.org/2021/06/11/the-coming-crash/ You may be in a bubble.
          • kergonath 5y ago
            Yes, probably. Still no Ponzi scheme.
            • tolbish 5y ago
              Yes, but that wasn't what you were arguing.