Home › Forums › Financial Markets/Economics › Altcoin cake swap.
Opinions?
Same as the last time you asked:
Ponzi scheme that causes massive environmental destruction as a side benefit. Chinese coal plants are even dirtier than ours and running full speed to power “miners” which themselves become toxic e-waste in 12-16 months after purchase.
What asset isnt a ponzi scheme?
Also, cake is an exchange.
Im starting to feel like human existence is a ponzi scheme
Shares of companies that sell goods and services at a profit, which is then distributed to shareholders.
[quote=gzz]Shares of companies that sell goods and services at a profit, which is then distributed to shareholders.[/quote]
All based on a rapidly depleting ecosystem and dependent on population growth, in a finance system that prices in a way decoupled from value.
Maybe its not a ponzi scheme. Maybe we need a new word.
Fonzi scheme?
Its kind of irritating when you explain to tour kid how dumb bitcoin is and he gets a 500% return in a couple months.
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