zlacker

>>mkeete+(OP)
people who bet early, made big money. people who came in on the hype lost everything. the definition of pyramid schemes.

Oh well. We'll see, it might bounce back as these things do.

>>Justsi+Ha
Oh, by that definition, even AAPL is a pyramid schema.

How about we leave the definition for pyramid scheme where it's already at?

> Pyramid scheme: making money based on recruiting an ever-increasing number of "investors."

> Oh well. We'll see, it might bounce back as these things do.

No, it won't. It won't regain the trust of the community and the project is dead in the water now, no way it'll recover from this.

>>capabl+Jc
AAPL has physical and IP assets which could be sold to make investors whole. While I have big issues with them, they're not in the same ballpark as this 'stable' coin company or pyramid schemes.

>>paulry+Qg
>AAPL has physical and IP assets which could be sold to make investors whole

While they might have some "physical and IP assets", there isn't nearly enough to "make investors whole" (ie. pay them back). If you invested $100 in apple earlier this year and AAPL somehow needed to be liquidated, you're only getting a fraction of $100 back.