30. Is Cryptocurrency A Ponzi Scheme?

07/12/2021 39 min

Listen "30. Is Cryptocurrency A Ponzi Scheme?"

Episode Synopsis

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You get two episodes this week because I'm a slacker from last week, but I've been diving into the crypto and blockchain world quite a bit and finally came up for air. I wanted to take today's episode to talk about the idea of blockchain and cryptocurrency possibly being a ponzi scheme. I'm still a big fan of blockchain and I don't think it in and of itself is a ponzi scheme. It is what it is, and the scheme is developed by people. Which is why I wanted to dive into some recent revelations, as well as some recent history, about Tether, BitFinex, Evergrande, and Bitcoin. Buckle up, butter cup! It's gonna get a little bumpy.

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