Rorschach
Well-known member
- May 6, 2021
- 770
- 712
I agree. I actually don’t know a lot of the ponzi details. I think that most people just refer to it when they’re talking about a scam like this.Ponzi gets a bad rap. His business model was legit, he was exploiting a valid regional postage cost disparity. It all went south mostly because demand exceeded his possible inventory....but he just kept selling. It was poor management that got him into trouble.
Crypto is all smoke and mirrors and the mirrors and smoke are virtual.