5 ms·
It's a ponzi-scheme if there's no value behind the hype. it's not inherently a ponzi scheme. It's the same way in the current private equity start-up world just
by throw_nbvc1234 5y ago
It's a ponzi-scheme if there's no value behind the hype. it's not inherently a ponzi scheme. It's the same way in the current private equity start-up world just that only VC's and connected individuals are exposed to the all the risk and all the profit.
- bradgranath 5y agoYeah, it turns our that VC speculation is a load of BS too, and that this is the latest way they're trying to end run around the SEC.
- threeseed 5y ago> It's a ponzi-scheme if there's no value behind the hype But what's the value ? I am still after a few years now trying to understand what it actually is.
- bradgranath 5y agoThere isn't any. Some coins, mebe there's some lulz?? But that's it. Yer lulz worth that much to you?
- galaxyLogic 5y agoYou could say that there is value behind a Ponzi scheme as long as there are more people willing to get onboard the Ponzi scheme. A Ponzi scheme can make a few "early adopters" rich