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Re:The Ethereum merge is done by shabbatt on Thursday September 15, 2022 @11:18AM (#32853339)
> You're confused, in a ponzi earlier investors are paid from the investments of future investors.

so you mean like pre-mine token sales? wait aren't those securities because there is an expectation of returns from the work of others?

what you write here could be used against you, consult your lawyer before you admit anything!

Re:The Ethereum merge is done by mgraczyk on Thursday September 15, 2022 @11:32AM (#32853605)
A pre-mine might make it a security, but it's basically the opposite of a ponzi. Not everything is a ponzi. I think you're just confusing different financial constructs with one another
Re:The Ethereum merge is done by shabbatt on Thursday September 15, 2022 @02:19PM (#32856228)
It's worse than ponzi, its securities fraud.