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> You're confused, in a ponzi earlier investors are paid from the investments of future investors. so you mean like pre-mine token sales? wait aren't those sec
by shabbatt 4y ago
> You're confused, in a ponzi earlier investors are paid from the investments of future investors.
so you mean like pre-mine token sales? wait aren't those securities because there is an expectation of returns from the work of others?
what you write here could be used against you, consult your lawyer before you admit anything!
- mightypirate 4y ago
- mgraczyk 4y agoA pre-mine might make it a security, but it's basically the opposite of a ponzi. Not everything is a ponzi. I think you're just confusing different financial constructs with one another
- shabbatt 4y agoIt's worse than ponzi, its securities fraud.