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This reminds me of Bill Ackman’s war against Herbalife, which in my opinion, is a perfect example of a pyramid scheme that is too big to fail. Ref: https://www
by ben-gy 5y ago
This reminds me of Bill Ackman’s war against Herbalife, which in my opinion, is a perfect example of a pyramid scheme that is too big to fail.
Ref: https://www.investopedia.com/news/billionaire-bill-ackman-dumps-herbalife-ending-5year-war-betting-against-it/ https://www.investopedia.com/news/billionaire-bill-ackman-du...
Whether the OP is right or wrong, I honestly don’t think the crypto ecosystem is independent enough from critical transactions for it to collapse as described.