This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
0
Serious question: In what sense is all crypto not just a rebranded Ponzi scheme?
Post Body
The basic idea of a Ponzi scheme is that you tell people that you have an investment that is very good. You prove it to them by creating a very fast return on the investment. Once they bring in enough new marks you just walk off with the money. From what I have seen it seems like crypto is just a Ponzi scheme with a few "oh but" phrases added to make it seem legit like someone telling you that their new mlm isn't a pyramid scheme.
Author
Account Strength
100%
Account Age
13 years
Verified Email
Yes
Verified Flair
No
Total Karma
64,311
Link Karma
5,065
Comment Karma
59,097
Profile updated: 2 days ago
Posts updated: 5 months ago
Subreddit
Post Details
We try to extract some basic information from the post title. This is not
always successful or accurate, please use your best judgement and compare
these values to the post title and body for confirmation.
- Posted
- 3 years ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/CryptoCurre...