Washington Post Revealed: a Ponzi Scheme for centralizing wealth - BitcoinTalk

[Elwar]

Washington Post revealed: a Ponzi scheme for distributing wealth from many liberals to Jeff Bezos

If Washington Post were a newspaper, it'd be the worst-performing one in the world, worse even than the New York Post.

But Washington Post isn't a newspaper. It's a Ponzi scheme for distributing wealth from many liberals to Jeff Bezos. At least that's all it is right now. It's always been a way to distribute liberal wealth. Politicians, for their part, are quick to point out that it used to be a useful tool for information, like the early internet, and its underlying technology was once useful. Also, they've bet hundreds of millions of dollars on it through advertising.

But that's not much of a consolation to anyone who buys a Washington Post expecting any useful information. Even paying $1 to $1.25 on weekdays and Saturday, and from $2 to $2.50 on Sunday, a 25 percent increase. That's because Washington Post has not had any useful information for the past decade, maybe even longer. It's too bad Washington Post doesn't spend their money on reporters that have a clue.

[wesk1212]

This dude need to calmdown first

[kolloh]

Accusing a newspaper of being a ponzi scheme? That makes no sense.

[Elwar]

Accusing a newspaper of being a ponzi scheme? That makes no sense.

It requires people to keep investing their money for it to continue. Jeff Bezos could take all of that money and they would be left with nothing, even if they paid for a yearly subscription.


That is more of the definition of a Ponzi than Bitcoin which would require every user to sell their bitcoins (to people willing to buy them), or however they figure Bitcoin is a Ponzi.

[kolloh]

Accusing a newspaper of being a ponzi scheme? That makes no sense.

It requires people to keep investing their money for it to continue. Jeff Bezos could take all of that money and they would be left with nothing, even if they paid for a yearly subscription.


That is more of the definition of a Ponzi than Bitcoin which would require every user to sell their bitcoins (to people willing to buy them), or however they figure Bitcoin is a Ponzi.

Yeah, I can see how people would need to keep putting money into it for it to be profitable and to continue. Although, this isn't the same thing as a ponzi scheme which promises return on investment to the investors. But I see the angle you are coming from on it.

[panju1]

Why the BitcoinTalk in the title?
It got me confused.