> That doesn’t absolve the con artist for running one though
Who are you going to prosecute in this case? The developers of Ethereum who are making a digital peer2peer smart contract system and have no interest in running a ponzi scheme?
Are you going to arrest Bram Cohen for inventing Bittorrent for what happens on it? What about the people behind Tor?
In the case of a literal Ponzi scheme it is pretty obvious who to prosecute. In the blockchain space many players have figured out ways to avoid being prosecuted for their schemes (many of which are little more than outright scams), but that doesn’t make what they’re doing ethical
You missed my point, they're building a decentralised smart contract system, there's nothing in the Ethereum smart contract code that says you must build a ponzi.
Who are you going to prosecute in this case? The developers of Ethereum who are making a digital peer2peer smart contract system and have no interest in running a ponzi scheme?
Are you going to arrest Bram Cohen for inventing Bittorrent for what happens on it? What about the people behind Tor?