4 ms·
I'm not sure why you are ruling out a Ponzi scheme so quickly.
by oldgradstudent 4y ago
I'm not sure why you are ruling out a Ponzi scheme so quickly.
- matheusmoreira 4y agoI don't think a Ponzi scheme adequately explains the problems with centralized cryptocurrency exchanges. They're just banks. There are plenty of scammers in this space, I just don't think Binance is one of them. The problem is they leverage user deposits as gambling money. These corporations can't bear to watch a pile of money sitting around doing nothing while in their custody. They just need to loan it out.