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The Ponzinomics: When you pay money for nothing, and stash your nothing in a protocol with the expectation that it will give you a 20 percent yield—all you end up with is 20 percent of nothing.

#cryptocurrency

#cryptocurrency
Sibshops
Sibshops  
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It's weird that people don't realize that for every dollar someone makes, someone else loses more than a dollar.
grin
grin  
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@Sibshops you know that this is oversimplification? Value is created, usually by work (in its broadest sense), so it's not a zero sum game.
@Sibshops
Sibshops
Sibshops  
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Oh I was specifically referring to cryptocurrency not money in general. I meant to say, in cryptocurrency money made at a loss from later investors.
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