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RE: Are cryptocurrencies like ponzi schemes?
how is that going to effect will be interesting as india as a country share the top most % share in cryptos
how is that going to effect will be interesting as india as a country share the top most % share in cryptos
Well given the Indian government decided the demonetize a large portion of their own fiat currency, it's hardly a surprise that they have eroded confidence in it. They are not even bothering with the illusion of legitimacy that any decent ponzi will manage for a time. Give that many people have been pushed towards the use of crypto by government action, I doubt a bit of predictable rhetoric from that same government will have them selling off any time soon.