#Ponzi

Palley

stephendpalley

Bitcoin is "literally" not a Ponzi scheme. Ponzis are an investment fraud where fraudsters pay old investors w/ new investor $$, unknown to either. Also, $25 million a day in

Alon Gal (Under the Breach)

UnderTheBreach

Chinese police claiming they are in possession of $4,200,000,000 from the largest Crypto Ponzi ever (PlusToken) however I'm seeing that funds that are associated with the Ponzi haven't moved in

Anthony Painter

anthonypainter

This is the real reason many High Street chains are doomed. It's not #COVID19. It's stacking up debt whilst owners extract cash, whole model relies on rapid cash flow with

John Paul Koning

jp_koning

1/ Short thread on ponzi schemes.Since tumbling into recession in 2016, Nigeria has been flooded by ponzis (MMM, Twinkas, Loom). One theory is that there is a demand for ponzis

Thus spoke me, DP

darenpa72

A unit of "money" (credit) is [meant to be] a promise of something else to come later, from the issuer, that you can redeem the credit for at some point.…

Harry Glynn

harrycanuck

I have a problem with yamsWhile I love the experimentation, meme based governance experiment, the good times etc. Yams are a ponzi scheme, and not the good kind1/ imo a

Hasu

hasufl

Since I feel like this could be misunderstood:1) my definition of a Ponzi scheme was "a scheme where early adopters benefit of late adopters" - NOT necessarily a fraud (although

Sarah Kendzior

sarahkendzior

"With Trump, people have been reluctant to follow the money. Because when you follow the money, you don't find someone who is incompetent. You find someone who is deeply immersed

Sahil Bloom

SahilBloom

In 1920, long before Bernie Madoff was born, an Italian immigrant named Charles Ponzi was concocting a scheme to make himself rich.Ponzi's eponymous scheme would inspire fraudsters like Madoff for

Kostas on F.I.R.E. 🔥

itsKostasOnFIRE

Charles Ponzi and the Postal ServiceThe story of the man who put the 'Ponzi' in 'Ponzi scheme'/THREAD/ 1/ Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi, a.k.a. Charles Ponzi, was an italian

Tim Hogan

TimInHonolulu

1. I think @GenFlynn may come to regret that he accepted the @POTUS pardon that purports to pardon a whole slew of major crimes defined by the secret scope of

📈⛵️🍋

Carrera757

Why do Ponzi schemes eventually unravel? I believe Football Index is in the late stages of the ponzi and the lack of new money is hurting FI financially hence removal

Beastlorion

Beastlyorion

I know http://crypto.com seems really cool, but after looking into them, I'm pretty confident that they are a ponzi scheme. I would stay away. $MCO cards sound too good to

Jay

jayseedub

I love all these takes on how WSB "took down" short sellers.What happens when GME reports more losses? That $347 isn't sustainable. GME lost $1B aggregate in Q3 2020. Q4

Moon Capital 🔑

Moon__Capital

1/ It's intuitive for smart people to see Bitcoin as a ponzi/bubble at first.Why?Because MONETARY VALUE is DEPENDENT on OTHER HUMANS. If you are trapped on a island alone, monetary

VeritasVital

VeritasVital

The means of coercive control are themselves a ponzi.As long as everyone keeps their money in — currency, psychology, attention, whatever, it grows.When a bank run happens, started with little

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