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A comment on Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt'. Parent comment

Re:Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt' by Macha on Saturday January 22, 2022 @05:18PM (#30041376)
https://www.therichest.com/nation/10-of-the-biggest-ponzi-sc...

15 years for number 2.

Madoff was first investigated in 1992 and shut down in 2008 for 16 years: https://en.wikipedia.org/wiki/Madoff_investment_scandal

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Re:Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt' by inter_netuser on Saturday January 22, 2022 @05:30PM (#30041464)
Ponzi and pyramid schemes are materially different.

Madoff was paying cashflows to his clients. Bitcoin pays nobody.

What are the longest running pyramid schemes? Gold sees to be running for nearly 5000 years, seems like plenty of runway here.

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