Re: Charles Ponzi would be proud
Of how many people don't know how his scheme worked, probably he would be. Cryptocurrency can be a poor investment, there are many crypto-themed scams, and it's also frequently failed at its own goal, but A) the popular ones aren't schemes at all, bubble is closer to the truth and B) some of the time when it is a scheme it's not a Ponzi-style one. Ponzi schemes are not a generic term for something where you lose money. It's a rather specific kind of deliberate fraud which requires several things a lot of crypto schemes don't have.
Biting the hand that feeds IT
