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Cryptocurrency is by definition, an open transparent market and as such not a Ponzi scheme. Quite literally by definition. Also many of the current cryptocurre
by john_alan 4y ago
Cryptocurrency is by definition, an open transparent market and as such not a Ponzi scheme. Quite literally by definition.
Also many of the current cryptocurrencies run on tiny amounts of energy (Algorand, Cardano).
Some of the brightest minds in applied mathematics and cryptography are working on this stuff. Maybe you should be a little more open minded.
Edit: downvoted without any discourse. This site is so strangely anti crypto, stay smug, let’s see how it works out for you.
- tromp 4y ago> Also many of the current cryptocurrencies run on tiny amounts of energy (Algorand, Cardano). That's easy to do if you don't care about fair distribution of coins. One company initially holding the entire coin supply is not very decentralized.
- matkoniecz 4y ago> This site is so strangely anti crypto, stay smug, let’s see how it works out for you. Well, for example losses of this people in FTX collapse are limited. Unlike fraud sector of Bahamas economy described in the article.