LogFAQs > #950379820

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Topic	Stock Topic 20
GameStonk 02/07/21 1:45:32 PM #260:	Colegreen_c12 posted... Crypto isn't neccessarily a scam but it basically is a ponzi scheme lol. You are buying with the assumption that someone will buy it from you for more later. It has no intrinsic value that is increasing that makes you able to say that it isn't a ponzi scheme. This can be said about gold and silver too. That's not a "scheme"--it's how currency works <cite>GameStonk posted [p:950379820] in Stock Topi... [t:79277198]...</cite> <quote>Colegreen_c12 posted... </cite> <quote>Crypto isn't neccessarily a scam but it basically is a ponzi scheme lol. You are buying with the assumption that someone will buy it from you for more later. It has no intrinsic value that is increasing that makes you able to say that it isn't a ponzi scheme.</quote>This can be said about gold and silver too. That's not a "scheme"--it's how currency works </quote> ... Copied to Clipboard!
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