True, though these types of Ponzi Schemes exist everywhere. It just seems to be more common in crypto right now.
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True, though these types of Ponzi Schemes exist everywhere. It just seems to be more common in crypto right now.
Cryptocurrencies attract people who are not familiar enough with known scams and fall for promises... As all important exchange rates have tanked for almost 2 years, people are willing to take more risks.
Yes, there is that as well.