Leigh 's avatar
Leigh 0 years ago
They call #bitcoin a ponzi. The two largest property platforms in Australia are owned by the two largest media groups. We are constantly blasted with headlines like: “What does [trivial matter] mean for Australian property?” “How this influencer [i.e. OF slurry] bought 10 properties before her 30th birthday” Every. F**king. Day. Remind me, what’s a ponzi?

Replies (6)

When I look at Bitcoins, I see nothing. There is no "there" there. Yet, fiat currency changes hands. The old investor makes his return out of the investment of the new investor.