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Topic	Bill Maher: Cryptocurrency is a ponzi scheme
Jiek_Fafn 05/02/21 8:22:47 PM #33:	ChocoboMogALT posted... The problem with Ponzi schemes is that they hide risk and losses. Crypto has some characteristics of a ponzi scheme, but the risk is bare naked and nothing is hidden. If you buy into a ponzi scheme that fails, you made a bad investment that was misleading, if you buy into crypto that fails, you're an idiot. This By his logic everything you invest in is a ponzi scheme. He's just throwing around terms. --- PSN: Jiek <cite>Jiek_Fafn posted [p:953486948] in Bill Maher... [t:79437757]...</cite> <quote>ChocoboMogALT posted... </cite> <quote>The problem with Ponzi schemes is that they hide risk and losses. Crypto has some characteristics of a ponzi scheme, but the risk is bare naked and nothing is hidden. If you buy into a ponzi scheme that fails, you made a bad investment that was misleading, if you buy into crypto that fails, you're an idiot.</quote>This By his logic everything you invest in is a ponzi scheme. He's just throwing around terms. --- PSN: Jiek</quote> ... Copied to Clipboard!
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