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A comment on It’s not still the early days of blockchain. Parent comment

Re:It’s not still the early days of blockchain by cuteboy19 on Saturday January 15, 2022 @01:54AM (#29944274)
cryptocurrencies are not going to solve extreme inequality. they are a transparent way to transfer wealth from new investors to early investors (aka ponzi scheme)
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Re:It’s not still the early days of blockchain by epinephrinios on Saturday January 15, 2022 @02:40PM (#29949475)
"A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors"

Sorry to burst your bubble, but cryptocurrency does not work this way. Your reasoning can be applied to any asset, for example, a shitty house in California that is now worth $1M.

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