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/biz/ - Business & Finance

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3612625 No.3612625 [Reply] [Original]

How is that not a Ponzi scheme?

>> No.3612643

>>3612625
Because the 5% wallets aren't paid dividends out of the influx of new money, thus not conforming to the definition of a ponzi scheme.

>> No.3612652

>>3612625
Because most wallets are throwaways. And throughout human history, some people are rich and most are poor. Are you really that retarded?

>> No.3612659

>>3612625
Look at the top wallets

Those are EXCHANGES

>> No.3612660

are people becoming more and more retarded or do more people get access to the internet

fucking hell!

>> No.3612671

Because in capitalism the 8 richest people together own more than the 50% poorest people on Earth. This is actually progressive.

>> No.3612682
File: 1.23 MB, 800x667, gommunism.gif [View same] [iqdb] [saucenao] [google]
3612682

>>3612625
WE NEED CRYPTOGOMMUNISM

kek could you fucking imagine that? except just like in real g*mmunism we'll all have 0.001 BTC and it'll be forbidden to own different cryptos like ETH, Monero, etc.

>> No.3612713
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3612713

>>3612682

Seriously though: The top 0.01% of humanity hold all of the coins, while the bottom 99.99% have no coins at all.

How is that not a terrible injustice? It's time to redistribute these coins from the whales to the nocoinetariat.

>> No.3612725

because bitcoin isn't communism. anyone could have launched bitcoin and mined in 2010 and become a millionaire. thats a lot more fair and evenly distributed than any other money we have.

>> No.3612733

>>3612713
WE WUZ THE BITSHEVIKS

>> No.3612769

>>3612625
You figured it out. It's all a ponzi scheme. Now seeing as how crypto is totally worthless you can go ahead and send me your private keys.

>> No.3612801
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3612801

>>3612769
p. smart

>> No.3612873

>>3612625
Do you have legitimate mental retardation ?

Do you actually believe that fiat money is distributed better ?

Then again you are a commie, so of course you are retarded.

>> No.3612878

>>3612873
oooh... don't let the jews hear ya

there's plenty of them here on /biz/

>> No.3612911

>>3612625
It is a ponzi, stupid laggard

>> No.3612919

>>3612713
>How is that not a terrible injustice? It's time to redistribute these coins from the whales to the nocoinetariat.


It is terrible injustice and world is not supposed to be just, plebboy.

People like you will always remain on the losing side.

>> No.3612929

Most are exchange wallet you stupid fucks

>> No.3612942

>>3612625
How does that make it a ponzi scheme? Sure, the wealth is unevenly distributed, but that's not the hallmark of a Ponzi scheme.

>> No.3613270
File: 40 KB, 454x315, berniesanders.jpg [View same] [iqdb] [saucenao] [google]
3613270

THE TOP TEN PERCENT OF THE TOP ONE PERCENT OF THE TOP TENTH OF ONE PERCENT OF THE TOP ONE PERCENT

>> No.3613359

>>3612652
Let's not forget the fuckload of exchanges wallets and lost 2009-10 HDDs with wallet containing thousands f buttcoins.

>> No.3613378

>>3613270
why are s*cialists allowed to breathe in america

>> No.3613505

>>3612625
It is

>> No.3613546

>>3612659
so the dividends are paid with the influx of new money........................

>> No.3613843

>>3613378
"s*cialists"

>> No.3613912

Power law applies always, all the time.

95/5 is bullshit tho. Number doesn't account for multiple wallets, the huge number of empty wallets, forever inaccessible wallets and lastly exchanges.