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Frances Coppola

coppolacomment.com

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Society, Policy & Culture 2History & Retro Computing 1Crypto & Blockchain 1

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The entire crypto ecosystem is a ponzi

Not really. As a counter example, gold is clear and very old ponzi. It's ok. And as a more general argument, crypto does have utility. For circumventing capital controls, buying drugs or laundering money. So there will be constant supply of new depositors who needs that and willing to pay. I would not bet on crypto…