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A comment on Why Solana Was Decimated by Bankman-Fried’s Downfall. Parent comment

Re:Why Solana Was Decimated by Bankman-Fried’s Downfall by honkler on Wednesday December 28, 2022 @06:14PM (#34167329)
the value of solana was that there were bigger fools out there who would buy your coin from you. We have a word for it, I can't remember...ugh.. something related to pharoah...egypt...scheme..
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Re:Why Solana Was Decimated by Bankman-Fried’s Downfall by mtlmtlmtlmtl on Wednesday December 28, 2022 @07:06PM (#34167760)
It's really more of a Ponzi scheme than a pyramid scheme, technically.
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Re:Why Solana Was Decimated by Bankman-Fried’s Downfall by imtringued on Thursday December 29, 2022 @04:46AM (#34171060)
A Ponzi scheme implies that there is someone who manages your investment though.

A pyramid scheme only implies that the number of investors must keep growing.

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