Fair point. I understand OP’s post was more of a vent (mine coming soon), but he should’ve expanded more of his reason and evidence for calling blockchain a “Ponzi scheme.”
(Side note: By no means am I a one of these “crypto bros.” I have as little money invested in it as you’d expect any other average Hispanic son of immigrants and recent community college graduate would. I’d say I’m neutral when it comes to crypto.)
You said, “ Some people are saying this is no surprise, as all of crypto was a Ponzi scheme from the start.” if you’re willing enough to post other people’s opinions, then you agree with it to an extent.
And then you further try to support this connotation of crypto and Ponzi scheme by saying “some Ponzi schemes have been operated there I’m sure.”
As stated earlier, I’m not taking sides on if crypto is a net good or net bad, but let’s be honest and straightforward on our said statements. And not try to redefine our noted statements to save face.
Fair point. I understand OP’s post was more of a vent (mine coming soon), but he should’ve expanded more of his reason and evidence for calling blockchain a “Ponzi scheme.”
(Side note: By no means am I a one of these “crypto bros.” I have as little money invested in it as you’d expect any other average Hispanic son of immigrants and recent community college graduate would. I’d say I’m neutral when it comes to crypto.)
I did not call blockchain a Ponzi scheme (though some Ponzi schemes have been operated there I’m sure).
I said some others are saying it’s a Ponzi scheme at heart, while I “am pretty skeptical of crypto having many productive applications.”
You said, “ Some people are saying this is no surprise, as all of crypto was a Ponzi scheme from the start.” if you’re willing enough to post other people’s opinions, then you agree with it to an extent.
And then you further try to support this connotation of crypto and Ponzi scheme by saying “some Ponzi schemes have been operated there I’m sure.”
As stated earlier, I’m not taking sides on if crypto is a net good or net bad, but let’s be honest and straightforward on our said statements. And not try to redefine our noted statements to save face.