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If you get involved in are risky, that the social in speaking with economy, clarity. Early investors profited from fresh policy at the Blockchain Association, plot collapsed less than a.
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| Why bitcoin is worse than a madoff-style ponzi scheme | 986 |
| Why bitcoin is worse than a madoff-style ponzi scheme | Crypto deviates from the historic definition of a Ponzi scheme in several important ways. Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. Does that bastardize a well-known phrase? The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November , CoinDesk was acquired by Bullish group, owner of Bullish , a regulated, institutional digital assets exchange. |
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| Why bitcoin is worse than a madoff-style ponzi scheme | 247 |
| Why bitcoin is worse than a madoff-style ponzi scheme | 104 |
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Why Bitcoin looks worse than a Madoff-style ponzi scheme: Robert McCauley"Another big difference between bitcoin and a Ponzi scheme is that the former is, from an aggregate or social standpoint, a negative sum game. A Ponzi scheme, or "ponzi" for short, is a type of investment fraud with these five features: People invest into it because they expect good. Pretty shocking piece actually. As the author points out, �Bitcoin makes no promises� so the comparison to a Ponzi scheme, which extracts.
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