> The entire crypto ecosystem is a ponzi That remains to be seen (for example I'm crossing fingers Brian Armstrong, the CEO of Coinbase, which is an HN unicorn

> The entire crypto ecosystem is a ponzi That remains to be seen (for example I'm crossing fingers Brian Armstrong, the CEO of Coinbase, which is an HN unicorn, ain't at the head of a ponzi) but meanwhile something is certain: SBF was running a Ponzi (guaranteeing insane returns using previous investors and people's money: yup, that's a plain ponzi). And he was lying in nearly every single of his tweet, up to a few days before the downfall when he was tweeting that everything was fine. Or when he was saying the money was FDIC insured. Deleted the tweets? Too bad, people have copies of that. To me it seems like quite some people are pushing this "every crypto is a ponzi" now that their poster ponzi boy got caught with the hand in the cookie jar. But I'm not sure they'll succeed. I think there could be a future where, just as energy and commodities are still a thing after the Enron ponzi, Bitcoin may still exist after FTX/Alameda ponzi.