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This is the crypto ponzi falling apart. First the smaller ponzis fall apart so the larger ponzis need to step in so the fact that the entire thing is one big Po
by rhaway84773 4y ago
This is the crypto ponzi falling apart. First the smaller ponzis fall apart so the larger ponzis need to step in so the fact that the entire thing is one big Ponzi doesn’t get fully exposed.
The Ponzi falling and subsequent cover up by the bigger Ponzi keeps going up the chain until those at the top of the Ponzi food chains collapse.
Right now it looks like that might be Binance.
- paxys 4y agoI'm perfectly happy with that outcome as long as the taxpayer isn't left holding the bag at the end.