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Re:The Tether Ponzi Scheme by yqe78 on Wednesday May 19, 2021 @06:22PM (#27215292)
I’m amused that you expect someone who openly thinks money is a joke to grasp the subtleties of what constitutes a Ponzi scheme.

I know Ponzi schemes are bad. I think your money is bad. Therefore, your money is a Ponzi scheme. That’s the entirety of the logic employed by the comparison.

Just wait until you hear what they’ve done with the term “market capitalization”.

Re:The Tether Ponzi Scheme by dheera on Wednesday May 19, 2021 @06:41PM (#27215445)
Ponzi schemes mathematically just reduce to a lottery with slightly better odds than most lotteries.