[qwytw]

Ponzi provided a lot of value to some of his early investors until the whole thing collapsed (of course all of that happened way faster).

> value is provably false.

None of what you said would suggest anything like. What you're talking about is redistribution. People buying tokens using real money from those who bought them cheaper creating:

> tons of crypto million and billionaires

in the process. Could you explain at what point this actual value is created?