Strongkored
Legendary
Offline
Activity: 2884
Merit: 1112
Vave.com - Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 06:41:57 AM |
|
Ponzi is not the right word to apply to fiat, indeed fiat will always experience a decrease in value but that is because of inflation and we will not be able to fight inflation by saving as much fiat as possible because no matter how much money you have in the next year or in other future years its value will keeps going down, so that you don't get stressed and end up saying that fiat is a Ponzi, then start by investing in the type of investment that can give you a better life in the future even though inflation continues to rise in your country.
|
|
|
|
odolvlobo
Legendary
Offline
Activity: 4424
Merit: 3319
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 07:37:11 AM |
|
Money itself cannot be a Ponzi scheme because it does not generate a return. Bitcoin is money. It does not generate a return so it can't be a Ponzi scheme.
|
Join an anti-signature campaign: Click ignore on the members of signature campaigns. PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
|
|
|
Wapfika
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 07:42:14 AM |
|
I've seen many blog posts describing bitcoin as a ponzi scheme, but looking at the current inflation of fiat it now looks like a Ponzi. Don't know who is the beneficiary in this kind of fiat Ponzi. The earlier generation had enough to buy with few amounts that can't buy anything reasonable today. I also saw Elon in a tweet saying or calling fiat a Ponzi scheme. People suffer to get fiat and lose it on high food prices and products. In a Ponzi, everyone end up losing money, same with fiat. A good number of people around me complain of not being able to purchase product with a fair sum of money they feel is big.
Fiat doesn’t promise any fixed potential return to its holder but rather a constant decrease of buying power due to inflation. Fiat is worst than ponzi since they have negative valuation in the long term while printing unlimited worthless of paper money put of thin air. I believe you use the wrong description since Ponzi is way different than fiat even though it has a really negative feature. Ponzi is an investment scheme while fiat is just a plain currency.
|
|
|
|
btc78
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2604
Merit: 217
Eloncoin.org - Mars, here we come!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 07:56:43 AM |
|
a ponzi scheme is built on promises with no strong revenue,, but fiat money are regulated by banks with actual revenue like investments and projects in short banks always have a way to pay current holders even with no new deposits that is just not the same with a ponzi scheme that will collapse once there is no new investors
|
|
|
|
Hispo
Legendary
Offline
Activity: 1316
Merit: 2307
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 10:42:56 AM |
|
I have heard and read before that some people suggest the whole Fiat system is nothing but a huge Ponzi scheme, but I generally tend to disagree with such comparison. If there is something within the FIAT instruments in the ecosystem of the financial instruments in USA is the treasury bonds and the debt acquired by the United States, which seemingly can only be paid with the money of new investors and the approval of the congress to print more money or acquire even more debt to pay old investors. It sounds like a Ponzi, but there are several differences: the Federal Reserve will never run out of money and the government of USA could eventually close the gab of their spending deficit, so they can slowly start paying their investors fully what they are owned.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
so98nn
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 11:04:30 AM |
|
I disagree. Fiat is not ponzi if it holds real value and is able to buy you things with it. Fiat is being run by the government and on top of that we understand how it works. Everything is valued in denominations of fiat as per the countries, you work to earn, you then circulate it in the market as an exchange value and you get products-services in return. The perfect product and services are valued just about right as per that year's economic conditions in the market. Let us not get into inflation and deflation in this conversion but it is evident that fiat survives the worst and those who hold it the most are always securing their lifestyle.
If you even look at the history of mankind then there were different ways of exchanging things. From stones to vegetables, from stone-carved coins to gold coins, and other merchandise mankind has seen everything. Today we are in modern economics, we have high-value fiat notes and coins with the security of reserve banks. There is also more authentication as compared to what our older mankind had. There are hundreds of things to think about before we can call this as ponzi.
|
|
|
|
pooya87
Legendary
Offline
Activity: 3556
Merit: 10807
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 12:36:06 PM |
|
Fiat on itself is not a Ponzi scheme some economies of certain countries are Ponzi schemes though. The best match is the United States economy that has been a Ponzi scheme for some years now. They keep printing money out of thin air and sell it to any idiot (including countries) who would buy that debt so that they can cover their ever increasing expenses and cover the massive budget deficits. Then because of interest rates they get themselves deeper into debt so they print more money to pay that debt too hence turning the whole thing into a Ponzi scheme.
This is exactly why the biggest fear that US regime has is dedollarisation!
|
|
|
|
Promocodeudo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 12:47:22 PM |
|
Fiat can never be Ponzi, you can say that it is been dealt with by inflation and this is because of the Government's poor policies, if not for the economic woes that have befallen many nations, we can do without fiat, for us to purchase anything in our locality we need fiat do such, to an extent fiat has its advantage and we can do without it, a Ponzi is a scam but fiat unless you are taking in terms of printing if fake currency by individuals, the Government is exempted in this act, you can also say that fiat is regulated and this is because it is in control of the Government and its institutions, you have to consider so many features of money before you can pronounce it to be a Ponzi, money being a Ponzi is no for me.
|
|
|
|
Wakhid Mukti
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 588
Merit: 105
Play Bitcoin PVP Prediction Game
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 01:04:05 PM |
|
Money itself cannot be a Ponzi scheme because it does not generate a return. Bitcoin is money. It does not generate a return so it can't be a Ponzi scheme.
Ponzi schemes are usually synonymous with unpredictable returns and the general system is multi-level marketing. In this system there will be victims, namely new members. And the one who benefits the most is the owner or the person at the highest level. Meanwhile, Satoshi has never cashed out his Bitcoin and it is still stored in his wallet, but he doesn't know whether Satoshi still has his wallet's password or not. Finally Satoshi lost control of his email.
|
|
|
|
slapper
Legendary
Offline
Activity: 2030
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 01:06:25 PM |
|
Amazingly, people who say Bitcoin is like a Ponzi scheme don't seem to notice how similar the two are in our present fiat system. Fiat currency inflation is a clear sign that the system is broken. Though people work hard all day and night to make money, their money is losing value, their ability to buy things is decreasing, and prices are skyrocketing. The constant loop of winning and losing is literally disastrous
The answer is right in front of us, which is pretty amazing. Using digital assets like Bitcoin, which have limited supply and can't be printed for no reason, can drastically change this path of exploitation. Value is kept safe in a transparent and decentralized financial environment that Bitcoin creates. We need to think about the potential of cryptocurrencies and rethink how much we depend on traditional banking systems
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
freedomgo
Legendary
Offline
Activity: 3192
Merit: 1152
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 01:18:51 PM |
|
While we may have a preference for Bitcoin over fiat currency, it's essential to clarify that neither of them is a Ponzi scheme. To address this question, it's important to have a clear understanding of what a Ponzi scheme is. So here's the definition from webster.com/dictionary.: an investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks Fiat isn't an investment, bitcoin is an alternative currency and could be an investment but it's not a "investment swindle " so the answer for your question is no.
|
|
|
|
LittleBitFunny
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1428
Merit: 129
The first decentralized crypto betting platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 03:22:55 PM |
|
It is a legal ponzi ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) All the bankers are the top of the piramire and all outside of it are paying with inflation. If it really is a ponzi and you think the government created it to scam you, you should stop using fiat and stay away from it. But if you continue to use it and still can't live without it, don't just talk bad about it. Fiat has many disadvantages and cannot be compared to bitcoin. I know you're trying to say this, but there's no denying that we're still using fiat money every day, and today we couldn't survive without it. We should stop bad-mouthing it, because it's like when you go out with someone but still talk bad about them behind their back. Fiat has limitations and we have bitcoin to overcome those limitations, but it is still essential to us, so what we need to do is balance the two.
|
|
|
|
KingsDen
Legendary
Offline
Activity: 1204
Merit: 1072
Goodnight, o_e_l_e_o 🌹
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 03:36:15 PM |
|
Ponzi is not the right word to apply to fiat, indeed fiat will always experience a decrease in value but that is because of inflation and we will not be able to fight inflation by saving as much fiat as possible because no matter how much money you have in the next year or in other future years its value will keeps going down, so that you don't get stressed and end up saying that fiat is a Ponzi, then start by investing in the type of investment that can give you a better life in the future even though inflation continues to rise in your country.
The writer does not literally mean that fiat is a Ponzi scheme, rather he meant that fiat posseses an attribute of a Ponzi scheme which is its ability to make you lose money. Or its tendency to reward early commerce at the expense of late commers. When you look at this more carefully it is correct. What the holders of fiat currency were able to buy 10 years ago, the holders of the same amount of fiat will not be able to buy those things now. Inflation has grown to a very large extent and to finally justify the Ponzi mantra, the government will keep printing more fiat into the system.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
[/quote] [center][table][tr][td][url=h
|
|
|
jeha2015
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 548
Merit: 168
Play Bitcoin PVP Prediction Game
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 03:44:38 PM |
|
As I understand it, Money is like a Knife. On the one hand, it is useful for cutting this and that (transactions within a country) but on the other hand it can kill.
Because historically, haven't the global elite and their bankers created a Ponzi scheme, where money, which is essentially just numbers, is used as a vehicle to employ people throughout the world to enrich them (a small group)?
|
|
|
|
avikz
Legendary
Offline
Activity: 3192
Merit: 1523
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 03:52:10 PM |
|
I've seen many blog posts describing bitcoin as a ponzi scheme, but looking at the current inflation of fiat it now looks like a Ponzi. Don't know who is the beneficiary in this kind of fiat Ponzi. The earlier generation had enough to buy with few amounts that can't buy anything reasonable today. I also saw Elon in a tweet saying or calling fiat a Ponzi scheme. People suffer to get fiat and lose it on high food prices and products. In a Ponzi, everyone end up losing money, same with fiat. A good number of people around me complain of not being able to purchase product with a fair sum of money they feel is big.
Neither fiat nor bitcoin is ponzi. People will say multiple things but that doesn't make it true. I remember back in 2014 one of the big politicians in my country claimed Bitcoin as a ponzi scheme in the parliament. Such kind of statements come from ignorance and no knowledge. Fiat money is not ponzi either. Without Fiat how would you derive the value of a cryptocurrency? Without Fiat how would you conduct the local businesses?
|
|
|
|
DVlog
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 04:15:30 PM |
|
The current monetary system is not fully transparent and is partially fraudulent. At first you have to understand what your paper bill represents. If you have a 100 INR then that means this 100 INR is backed by some assets held by the central bank that are worth that much (they can be reserve currencies, bonds, physical assets etc). Usually a country's supply should be fully backed but this doesn't happen.
Contrary banking systems use fractional reserve systems to circulate more money than they have. Suppose you have 1000 INR in your savings account in a bank The bank will use 90% of that balance of 900 INR to give loans and keep 10% as reserves. Now that the borrower who takes a 900 INR loan deposits this money into his savings account so bank gets another 900 INR from which they keep 10% as reserve and use 90% to give the loan. Now banks net worth is 1000+900 = 1900 INR when it is backed by 1000 INR. This process continues indefinitely. A partial reserve system gives banks the power to generate money from thin air and keep circulating money that they don't have. This thing seems fraudulent, but it is what it is.
|
|
|
|
dothebeats
Legendary
Offline
Activity: 3738
Merit: 1354
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 05:55:23 PM |
|
If you know how the banks and the governments work, you will start to think that they are indeed running a Ponzi scheme. Imagine the governments creating bonds, selling it to banks, then the banks selling it to the fed reserve for a profit. This bonds is just 'promises' at best--a glorified IOU that carries no monetary weight to us mere citizens but to them, it is something. The fed reserve pays this bond through IOUs, again, and whatever the difference is, that's the money that is created out of thin air. The cycle goes on and on and on, and the burden is passed on to the tax-paying citizens. It will eventually implode, but unlike Ponzi schemes, the perpetrators don't go to jail - they get bailed out to carry on the cycle for years to come. Here is a good short description of how this Ponzi scheme works: https://www.7thgenerationdesign.com/wp-content/uploads/2020/06/Fiat-Currency-Pyramid-Scheme-Diagram.pdf
|
|
|
|
Captain Corporate
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 06:17:59 PM |
|
Technically speaking fiat is "I have the money, and you can use this money as I see fit" by the governments. Its not that you actually have it, you have a piece of paper that says that you are allowed to use it, so its definitely a ponzi without a shred of doubt. Governments figured that out years ago, because back in the day gold was what people used for payments, and then people would get piece of paper showing how much gold they have in vaults, and over time it became not connected to gold, so right now people just use paper that is backed by nothing, and they do not actually own it neither, they just have the right to exchange it. Get gold, get bitcoin, get real estate, get something that actually worths something.
|
| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
▄▄███████▄▄ ▄██████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀
▀▀▀▀███████▀▀▀▀ | | EUROPE | AFRICA LATIN AMERICA | | | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
███████▄█ ███████▀ ██▄▄▄▄▄░▄▄▄▄▄ █████████████▀ ▐███████████▌ ▐███████████▌ █████████████▄ ██████████████ ███▀███▀▀███▀ | . Download on the App Store | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
▄██▄ ██████▄ █████████▄ ████████████▄ ███████████████ ████████████▀ █████████▀ ██████▀ ▀██▀ | . GET IT ON Google Play | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ |
|
|
|
harapan
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 07:24:23 PM |
|
Fiat money is not to be seen as ponzi but as scams and fraud. They are only backed by the government and securities. Fiat currencies are not sound source of money because of all these attributes they have. They are after power and control as they monitor how money comes in and goes. They can't not be snubbed for we all need fiat currencies even if people think they don't need fiat money. Government policies and banks are the real ponzi.
|
|
|
|
uneng
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2023, 07:46:04 PM |
|
I think so. And money printing is the fuel of this ponzi scheme. Anyway, it's a kind of ponzi scheme we are forced to join, different from every other ponzi schemes that attract the attention only from greedy and naive investors. Fiat is an institutional ponzi scheme ran by governments to keep an unsustainable economy working. In order to do that, they have to sacrifice common citizens who don't even know how their economical systems work.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|