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by mmcwilliams
3342 days ago
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You understand that the figure you quote, "$34 billion dollars" might seem like it carries a lot of weight, but it's also about $2B short of the amount invested in the largest Ponzi scheme uncovered in US history[0]. A lot of people seemed to think that investors in this scheme were too savvy to be duped, as well. This doesn't mean that crypto currencies are inherently scams, but it is a terrible way of defending them. [0] https://en.wikipedia.org/wiki/Bernard_Madoff#Size_of_loss_to... |
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