RE: LeoThread 2025-05-13 23:50
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Claiming Bitcoin is a Ponzi scheme without applying the same criticism to banks or the stock market effectively ends the debate.
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Despite what we've been taught about Ponzi schemes, it's OK for us to participate in them as long as we know that is what we are getting into. The problem comes when we are deceived into entering them; that's unethical.
Understanding the trade-offs is key. Transparency helps, but even major institutions can mask risks. It’s all a matter of making informed choices and knowing the true nature of the system you're entering