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Government is theft by definition. They get your money just because they have guns and you're going to jail. I don't think most crypto projects are fraud. I do
by jokethrowaway 4y ago
Government is theft by definition. They get your money just because they have guns and you're going to jail.
I don't think most crypto projects are fraud. I don't think most ponzi schemes are fraud.
They're just terribly poor investments and people who are too stupid to understand or people who want to gamble their money hoping the greater fool will pay, fall into it.
I know people who got rich with crypto shitcoins, I know people who got rich with MLM schemes. I never joined any.
Crypto is a technical solution to a political problem: governments own you, can do virtually whatever they want and they can print money at will.
You won't solve a political problem with tech, even if the tech is really ingenious.
- jen20 4y ago> I don't think most ponzi schemes are fraud Well, that just flipped the bozo bit on you. Ponzi schemes are fraud _by definition_.
- aliswe 4y agoThat seems to be a typo
- citizenpaul 4y ago>theft by definition Enforced by death threat. People forget in our comfortable 1st world that if you resist the demands of your government long or loud enough eventually the will dispatch SWAT police or military to take care of you. Both which are authorized to kill you if you resist.