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Re:Ask HN: Is anyone else glad the crypto market is crashing? by Ekaros on Thursday May 12, 2022 @04:17PM (#31359666)
I would only use pyramid scheme to mean rather specific structures. Like many MLMs are, where revenue and profit for individuals is generated by their recruitment activities and so-on. Not in general getting more people in a bubble. Just like Ponzi is centralized system where central actor pays out to old investors with new investors money. Not an open market where anyone can enter and leave at any time.
Re:Ask HN: Is anyone else glad the crypto market is crashing? by InitialLastName on Thursday May 12, 2022 @04:21PM (#31359713)
You're right, I've updated to correct the wording.