You are viewing a single comment's thread from:
RE: Just bought $18,000 CAD in ethereum @$258/UNIT (USD) wish me luck
Every currency is a Ponzi scheme. Governments have printed their own money for thousands of years. The only difference with crypto is the their are limitations to the issuance of more of the same coin unlike in countries like the USA where quantitative-easing runs rampant.
I don't believe it's a Ponzi scheme . But it's an objection you hear about a lot. Thats why I incorporated it in my article. Kind of a joke.
Oh ok . It economic terms its simply the creation of money. Thank you for your response.
If you like my article, you can always upvote. Just saying.