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A decentralized "Ponzi scheme?" Do you understand what Charles Ponzi or Bernie Madoff did?
by cantSpellSober 2y ago
A decentralized "Ponzi scheme?" Do you understand what Charles Ponzi or Bernie Madoff did?
- lxgr 2y agoYeah, Ponzi sold quasi-currency issued by somebody other than him to people for a promise of large profits! Why do you ask?
- cantSpellSober 2y agoThat's incorrect. > one might argue [bitcoin] is [a Ponzi scheme] by its current holders Going on Twitter and saying "buy BTC!" isn't a Ponzi scheme... https://en.wikipedia.org/wiki/Ponzi_scheme https://en.wikipedia.org/wiki/Ponzi_scheme