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I don't really get all the "crypto is a Ponzi scheme" responses. This is about one company probably being shady with their books and claims. It's like saying Be
by mgamache 5y ago
I don't really get all the "crypto is a Ponzi scheme" responses. This is about one company probably being shady with their books and claims. It's like saying Bernie Madoff built a Ponzi so USD is a Ponzi. Maybe crypto is a Ponzi, but this article is no evidence at all besides a hot market that provides the chum for sharks. It's very reminiscent of the housing bubble and the insane claims and over leverage (which is what they are probably doing in part).
- asdfsd234234444 5y agoJealousy/FOMO/feeling like they missed the boat.
- serverholic 5y agoI don't get it either. I think these people need to reach out beyond hacker news because they're being fed a narrative and are eating it up.