Crypto has turbo-charged the Ponzi scheme There is something wonderfully predictable about a Ponzi scheme. It invariably begins with an extraordinary opportunity, usually involving a market, technology or investment strategy that is sufficiently complicated to discourage too many questions. It offers returns that make conventional investing look painfully dull, attracts a charismatic promoter who explains…<\/p>\n
The post Fiction in real life: the diary of a Ponzi scheme<\/a> appeared first on Chris Skinner’s blog<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Crypto has turbo-charged the Ponzi scheme There is something wonderfully predictable about a Ponzi scheme. It invariably begins with an extraordinary opportunity, usually involving a market, technology or investment strategy that is sufficiently complicated to discourage too many questions. It offers returns that make conventional investing look painfully dull, attracts a charismatic promoter who explains… […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-69956","post","type-post","status-publish","format-standard","hentry","category-fintech"],"_links":{"self":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts\/69956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/comments?post=69956"}],"version-history":[{"count":0,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts\/69956\/revisions"}],"wp:attachment":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/media?parent=69956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/categories?post=69956"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/tags?post=69956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}