I wouldn't call it a ponzi as there is a liquid asset that can be exited at any time and it can be used and valuable without new entrants.
But the narrative pushed by many maxis is a ponzi narrative. "Get in bc crazy returns as long as more get in."
I wouldn't call it a ponzi as there is a liquid asset that can be exited at any time and it can be used and valuable without new entrants.
But the narrative pushed by many maxis is a ponzi narrative. "Get in bc crazy returns as long as more get in."
It may not have been intended as such, but it is very flawed and inevitably turned into it. Whoever started it couldn't have been a wise polymath. I'd call $BTC a moonchild.
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12S18G3zhxnpxHuRj9AnXZavmcXjE4GxbD Verified