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/biz/ - Business & Finance


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File: 660 KB, 1106x1012, screen shot 2015-07-30 at 2.31.57 pm.png [View same] [iqdb] [saucenao] [google]
15880126 No.15880126 [Reply] [Original]

Why do cryptocurrencies seem to resemble ponzi schemes?

>> No.15880155
File: 25 KB, 474x427, itsaduckalright.jpg [View same] [iqdb] [saucenao] [google]
15880155

Anon, I ...

>> No.15880161

>>15880155
fuck

>> No.15880168

Because that's exactly what they are.

>> No.15880172

>>15880126
Only the ones that are shilled here...

>> No.15880458

>>15880126
Only the original Bitcoin is not a ponzi

>> No.15880479

>>15880126
99% are, invest in the few that are not, btc eth and link to start off

>> No.15881196

>>15880126
Why do the most retarded threads always start with this image?

>> No.15881256

>>15880479
>LINK isn’t a ponzi
It is a ponzi tho—/biz/ just got in on the ground floor

>> No.15881331

>>15881256
please keep this to discord, jonny

>> No.15881385

All Crypto is ponzi anon

>> No.15881399
File: 75 KB, 1024x1149, 1570635650921.jpg [View same] [iqdb] [saucenao] [google]
15881399

>>15880458
Based

>> No.15881929

>>15880126
You could apply this same logic to all sorts of investments and even fiat money itself. A large cap coin like btc is no worse than some trillion dollars bank derivative

>> No.15882027
File: 64 KB, 1044x732, CPI from 1775 to 2012.jpg [View same] [iqdb] [saucenao] [google]
15882027

>>15880126
>Why do cryptocurrencies seem to resemble ponzi schemes?

>> No.15882150

>>15882027
It's almost like our population increased too!

>> No.15882930

>>15880126
because you're a fool

>> No.15882989

>>15882150
>population 1776-1913 was constant
I understand the merits of fiat, but your argument is retarded. Central banking is SUPPOSED to counter things like the population increasing and simultaneously maintain a consistent value for easy transfers of value.