Re:Sam Bankman-Fried found guilty on all charges
by Eisenstein on Friday November 03, 2023 @11:55AM
(#38130636)
Is crypto not a ponzi as an investment, though? Who in their right mind buys currency and sits on it as an investment? If it has utility as a currency, then use it as one, otherwise it is just speculative, and a speculative investment which relies on other people to buy out your stake and has no positive cash flow is a ponzi. No?
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