News for hackers. Stuff that matters.
Re:Crypto’s hottest game is facing an economic maelstrom by elliekelly on Friday November 26, 2021 @01:21PM (#29352630)
According to the article the in-game economy relies on recruiting new investors/players in order to use the new investor/player funds to pay out returns/rewards to current players. How is that not a Ponzi scheme?
Re:Crypto’s hottest game is facing an economic maelstrom by LargeWu on Friday November 26, 2021 @01:46PM (#29352857)
This seems like it's somehow both a pyramid scheme and a Ponzi scheme.

AFAIK, there's nothing inherently illegal about pyramid schemes, but they are often marketed in a fraudulent way.

Re:Crypto’s hottest game is facing an economic maelstrom by rzzzt on Friday November 26, 2021 @01:50PM (#29352896)
Pyronzi scheme it is, then.
Re:Crypto’s hottest game is facing an economic maelstrom by rvnx on Friday November 26, 2021 @01:46PM (#29352858)
Is it different from Bitcoin or Dogecoin ?