[an_opabinia]

I don’t need to be a federal reserve chairman to reason that Doge is a Ponzi scheme. The problem is that people want to participate in Ponzis, for the most part, it turns out.

[SideburnsOfDoom]

> The problem is that people want to participate in Ponzis, for the most part, it turns out

They do until they don't. e.g. (1). Regulation has a role in acting now to prevent harm down the road.

1)

https://en.wikipedia.org/wiki/Pyramid_schemes_in_Albania

https://thetchblog.com/2019/03/18/albanias-pyramid-scheme-ni...

[WalterSear]

People also want to drive drunk.

[hobs]

Actually no - at the end of the ponzi more people are inevitable left holding the bag and are worse off than when it started.

[gogopuppygogo]

Crypto currencies today are basically all decentralized Ponzi schemes inflated in value by the very centralized tether that is is printing something like $4Bn a week of new tether with no US dollar currency known to be backing it: https://youtu.be/-whuXHSL1Pg