Quote:
Originally Posted by Bladewire
I was hoping to learn more about Bitcoin/crypto trading in this thread that's all no big deal.
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This forum is certainly not the place to learn anything about BTC.
Quote:
Originally Posted by Bladewire
I didn't say it was a Ponzi scheme I said it was a pyramid scheme.
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"In both Ponzi schemes and pyramid schemes, existing investors are compensated by the contributions of new investors. Ponzi scheme participants believe they are earning returns from their investment, while pyramid scheme participants are aware that they are earning money by recruiting new participants." Girard Gibbs, LLP
Quote:
Originally Posted by Bladewire
It's weird knowing all your Bitcoin can disappear without a trace and you have no recourse.
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If someone steals your gold and melts it down, it is gone without a trace and you have no recourse. If someone steals your diamonds and recuts them, they are gone without a trace, and your cash, and etc. What is the difference?