Re:Bitcoin Is Time
by JxLS-cpgbe0 on Tuesday March 02, 2021 @12:14PM
(#26317599)
Did you read the article? Your comment is copy-and-pasted on every cryptocurrency article, please discuss this article.
It is also completely wrong. A Ponzi requires a central actor (like Charles Ponzi) to actively pay profits to earlier investors with funds from more recent investors.
If you understood that you would understand it is not a Ponzi. I think you think you're trying to say "Pyramid scheme," which it also is not. It's hardly even a "scheme."
It is also completely wrong. A Ponzi requires a central actor (like Charles Ponzi) to actively pay profits to earlier investors with funds from more recent investors.
If you understood that you would understand it is not a Ponzi. I think you think you're trying to say "Pyramid scheme," which it also is not. It's hardly even a "scheme."
https://en.wikipedia.org/wiki/Ponzi_scheme