“Bitcoin Sees the Grim Reaper” – NY Mag at $105.7 “Fool’s Gold” – Slate at $131.95 “Bitcoin revealed: a Ponzi scheme for redistributing wealth from one libertarian to another” – The Washington Post at $182.00 “Bitcoin Is a Victim of Disinflation” – The New York Times at $208.50 The following essay was written by Timothy C. May in 1988. “Libertaria in Cyberspace” is reprinted here for historical preservation. What exploring cryptocurrencies in 2018 feels like. As another year wraps up, I started writing an email to close friends and investors on the “state of crypto” and my forecasts. As it got longer, it turned into this sprawling post. A few notes: This write up contains wide-ranging theses and obvious biases (my own) and is by no means authoritative. If by "real-world" you mean stuff based on logic, reason, evidence and historical examples of logic, reason and evidence, then it's nothing innovative whatsoever, and is just a Ponzi scheme built around decentralized computers trading digital information which has absolutely zero intrinsic value. The best examples that we have seen originate from the blockchain space, including the likes of Ethereum and Bitcoin and the relationship that they have with the financial world. From the likes of Jamie Dimon , who has made his comments incredibly clear as to his hostility towards cryptocurrencies, and in contrast: nations like Iran and Russia, whose leaders have been steadily walking towards ... Feeding the homeless, affordable medicine, an easy-to-use gas can design, starting a small business to meet the needs of one's community -- borderless,
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This video looks at what a Ponzi Scheme is, some examples of Ponzi Schemes like Bitconnect, USI Tech and Coinexx.org as well as some general tips for how to spot a scam and stay safe. USI TECH Ponzi Scheme is crypto currency bitcoin the real american greed ... ponzi, ponzi scam, pyramid scheme, pyramid scheme companies, pyramid scheme examples, scams, the pyramid scheme ... Cryptocurrency can be a scary concept for many first time investors. Market volatility and the constant fear of hackers, phishing links, and scams are just a few reasons to name. Ledger Nano S ... Bitcoin Futures, they were introduced early this year, and were hailed as an investment vehicle that would legitimize cryptocurrency. Since the launch of the first Bitcoin futures in December of ... “The next year or two is going to give very interesting examples of the role of Bitcoin and other cryptocurrencies in countries that are like Lebanon — where people, on the one hand, are well ... 02/15/18 A $115 Million Ponzi Scheme and a $50 Million Phishing Scam, Brought to You By Bitcoin ... 02/07/18 Peter Thiel: Bitcoin is Libertarian, AI is Communist - Duration: 31:35. Kyle Torpey's ...