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Is Crypto The Biggest Ponzi Ever?
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[QUOTE="btaliat, post: 257473, member: 26390"] I don't know why those that labeled crypto did so. There is nothing that connects crypto and ponzi. Even their ideologies differ in many respects. While ponzi doesn't believe in sales. Ponzi only promotes MLM where you need to bring one more member whom they will rob to pay you, cryptocurrency sells in selling of coins. Though, just like some shares and stocks, you don't need to see these assets. Apart from the fact that ponzi scheme doesn't sell anything, the nature of the scheme still differ. Ponzi is somehow centralizes while crypto is decentralizes. You are the controller of your money anytime and anywhere. This is not so in Ponzi. Sometimes, your money may be locked for some times before you will have access to them. It may be 21 or even more than that. Aside from that fact, ponzi is generally not acceptable in a y country. No country or even citizens can be proud to publicly promote Ponzi without any backlash from the public. This is not so in crypto. There is no uniformity when it comes to crypto. Though not all countries accept it, some just regulates it while minority of them publicly reject the idea of crypto. [/QUOTE]
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