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re: Why bitcoin is worse than a Madoff-style Ponzi scheme

Posted on 12/24/21 at 6:39 pm to
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 12/24/21 at 6:39 pm to
quote:

When does the Ponzi scheme collapse? If you think it is one, it can't go on forever right? 12 years running now, when does it all go to zero?


Madoff operated his investment scheme for more than 17 years before it was found to be a fraud, possibly longer, it is not known at what point prior to that he quit operating legitimately.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80852 posts
Posted on 12/24/21 at 8:46 pm to
quote:

Madoff operated his investment scheme for more than 17 years before it was found to be a fraud, possibly longer, it is not known at what point prior to that he quit operating legitimately.

ok, so when does it all come crashing down?
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