/biz/ - Business & Finance

>This is the guy that will destroy Wall Street

>>56358167
>He has no reply to this

>>55779509
I was actually expecting one of you virgins who was scammed to post a video of Moonman's execution on /b/ at some point after we identified him and his sister.

>>53778778

A technical Ponzi scheme eventually collapses because the earnings aren’t really being generated and the scheme always needs new investors flowing in to pay off the older investors. The collapse can be delayed for years though because the mechanics behind the scenes are opaque and investors wait years to collect their purported earnings. Bernie Madoff’s scam lasted for decades, for instance, because most people just continued to hold their investment with him and never demanded capital back until 2008.

In contrast to Hex, the purported returns are paid with inflationary tokens and these additional tokens need to be absorbed by new investors to maintain the price. You can’t hide the price, and the price of it will eventually collapse without a constant stream of fresh money supporting it (Hex is now down 90%+, and should continue to drop now that crypto has entered a bear market).

This is what what makes Hex analogous to a Ponzi scheme, only that there is one additional step where both new and existing investors are transacting indirectly with each other through a fresh token that is subject to supply and demand.

The average lockup time is about two years, so there is a long delay before the impact of the freshly minted tokens takes effect on the Hex supply, but the earliest entrants are now using fresh investors for exit liquidity.

>>52216702
>deer poster
>RC ID
>fag ID
based