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/biz/ - Business & Finance

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>> No.23804643 [View]
File: 210 KB, 543x473, hype.png [View same] [iqdb] [saucenao] [google]
23804643

>>23804570
What are you talking about? 99.99% of all smart contracts executed on ethereum have nothing to do with LINK. The price only goes up because retards on twitter keep buying, there's no profits being made.

>> No.23772494 [View]
File: 210 KB, 543x473, hype.png [View same] [iqdb] [saucenao] [google]
23772494

>A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]; also a Ponzi game)[1] is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.[2] The scheme leads victims to believe that profits are coming from product sales or other means, and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own.

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