stindig
Member
- Messages
- 450
Yes there are hundreds of stupid get-rich-quick meme coins that have no value whatsoever, but there are also some major chains, many years in development, that will change our lives. I wish the former didn’t tarnish the reputation of the latter, but that’s the way it is.I can see that some kind of crypto currency may well become an important part of the financial system. But the hundreds of schemes out there, where someone says "Here is a new crypto - buy some now and you will make huge returns as the value of the currency soars against traditional currencies because people are piling in speculatively." is just, yes, a Ponzi scheme.