15 Articles 0 Followers
2 Dec 2024 1 minute read 2 comments X15
Peter wraps up by comparing the way the government uses debt and spending to a Ponzi scheme. The only difference? The government doesn’t try to hide it: "Every time that we get to the debt ceiling, what does the government say? If we don’t raise the...
14 Mar 2023 4 minute read 0 comments MintDice.com
You have likely heard the phrase that if something sounds too good to be true, it probably is. Nothing could be further from the truth when it comes to how a Ponzi scheme works and how it can spin out of control. Some of the most trusted individuals...
5 Mar 2023 4 minute read 1 comment MintDice.com
If you’ve been watching the news, or if you’ve spent any time looking into the fall of FTX, you’ve probably heard Sam Bankman-Fried being referred to as a modern-day Bernie Madoff. But for those in Gen Z or Gen Alpha, you may not be familiar with Be...
7 Feb 2023 2 minute read 0 comments Liberty John
There are always scammers lurking in crypto. They are there in bull or bear markets, however they really come out of the woodwork when crypto is booming. To get ready for another big bull run, (hopefully soon) I'm going to help you avoid getting sc...
17 Jan 2023 7 minute read 0 comments Todd Mei PhD
A moment of edification that I will never forget when reading The Lord of the Rings occured when the elf character Elrond said, “For nothing is evil in the beginning.” While philosophically and theologically provocative, this quote helps to contex...
17 Jan 2023 3 minute read 0 comments Todd Mei PhD
Whenever fraudulent crypto projects make off with a lot of money, people tend to throw around the term "Ponzi scheme" a lot. While I explain exactly what a Ponzi scheme is in a related post, it's worth mentioning here that often such fraudulent scam...
13 Jan 2023 2 minute read 2 comments Todd Mei PhD
This article is not a put down of Bitcoin or other cryptocurrencies. Rather, it's trying to get at a core feature of cryptocurrency that I think will dominate future developments given regulatory sanctions on bad financial behaviors. In other words,...
30 Nov 2022 2 minute read 1 comment SweptOverNiagara
The founder and CEO of Swan Bitcoin Cory Klippsten sat down for a discussion with Michelle Makori, lead anchor and editor-in-chief at Kitco News. He had some choice words regarding Etherium. He suggests that altcoins like Ether and Solana are 'shitco...
6 Feb 2022 10 minute read 13 comments BitcoinGordon
It always amazes me when I come to the same conclusions about people I would otherwise respect, even when I disagree with them. There are SO many self-proclaimed "experts" in economics and finance, and more and more as our globalist regimes organize...
21 Jan 2022 4 minute read 4 comments SweptOverNiagara
First, it was China banning Bitcoin mining. Then, Kazakhstan's government resigned en masse following a public revolt at the beginning of January. Kazakhstan happens to be the second biggest Bitcoin miner. Then yesterday, the central bank of Russia i...
