@00dani ELI5 why crypto is a Ponzi scheme but everything else non-perishable you can buy and sell isn't
IMO many financial instruments other than cryptocurrencies are ponzi schemes as well, or at least speculative bubbles. It may as well be impossible to create a censorship-resistant digital currenct that isn't prone to become such a bubble, but I don't know enough abiut economy to be able to tell.
Maybe calling all cryptocurrencies a ponzi scheme is an exaggeration, but calling it "crypto" isn't good either.
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