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cryptocurrencies are not going to solve extreme inequality. they are a transparent way to transfer wealth from new investors to early investors (aka ponzi schem
by cuteboy19 5y ago
cryptocurrencies are not going to solve extreme inequality. they are a transparent way to transfer wealth from new investors to early investors (aka ponzi scheme)
- epinephrinios 5y ago"A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors" Sorry to burst your bubble, but cryptocurrency does not work this way. Your reasoning can be applied to any asset, for example, a shitty house in California that is now worth $1M.