just_another_person@lemmy.world to politics @lemmy.world · edit-210 days agoIs every memecoin just a scam? Experts on whether Andrew Tate and Trump are fleecing their followerswww.theguardian.comexternal-linkmessage-square22linkfedilinkarrow-up1140arrow-down12file-text
arrow-up1138arrow-down1external-linkIs every memecoin just a scam? Experts on whether Andrew Tate and Trump are fleecing their followerswww.theguardian.comjust_another_person@lemmy.world to politics @lemmy.world · edit-210 days agomessage-square22linkfedilinkfile-text
minus-squaresylver_dragon@lemmy.worldlinkfedilinkEnglisharrow-up9arrow-down2·10 days agoCrypto is a ponzi scheme playacting at being a currency or investment vehicle. Meme coins just dispense with playacting and aim for shorter time horizons on cashing out from the ponzi scheme.
Crypto is a ponzi scheme playacting at being a currency or investment vehicle. Meme coins just dispense with playacting and aim for shorter time horizons on cashing out from the ponzi scheme.