What is a Ponzi scheme?
What is a Ponzi scheme?
Although this is not a term specific to cryptocurrencies, it is crucial for all crypto enthusiasts to understand it.
A Ponzi scheme is a fraudulent scheme in which hackers cover customer liabilities not with actual revenues.
Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
please click it!
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)
The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.
This post has been rewarded by #wormhole3.
Wormhole3 (https://alpha.wormhole3.io) is a social incentive protocol that empowers everyone to bootstrap and amplify their community.