Hacker News new | ask | show | jobs
by oh_sigh 1056 days ago
Describing it like this makes it sound very much like a ponzi scheme. When you buy into WLD, you're effectively giving money to current WLD holders, with the hope that more suckers will buy in and do the same for you.
1 comments

You don't know what a ponzi scheme is. You're describing speculative markets, which have always existed, and must exist for any sort of economic stability to occur.