Re:How Dirty Money Disappears into the Black Hole of Cryptoc...
by loceng on Friday September 28, 2018 @06:57PM
(#18097716)
If they don't have a fixed value (and perhaps requirement that they aren't private) then they're decentralized Ponzi-Pyramid schemes with a promise and tie-in into technology - which doesn't nullify the negative scheme structures.
but OP's comment is about schemes that are embeded into the currency itself
>I don't like it being designed with Ponzi and Pyramid scheme structures embedded.
presumably as some sort of smart contract. in which case every participant should know (or can find out) that it's a ponzi/pyramind scheme.
>and you run into them the more the hype-shallow marketing-level "positive" information hits mainstream media, and you get more people (army of HODLers; Pyramid scheme) trying to sell you with shallow and/or purposeful misinformation/information. That's very different than going to a physical place, to a casino, and playing a slot machine. I'm surprised you don't see that difference yourself?
that's a fair point. "traditional" gambling don't incentivize people to market for them.