Yes, Ponzi we covered that already..
Yes, but it bears repeating. And it was also the pertinent topic of the thread over the past few posts over the past few hours.
I have witnessed numerous crytpo ponzis over the years, including the infamous Pirateat40 aka Trendon Shavers ponzi scheme. I was one of the few people who called him out on it, while nearly everyone else was defending him and attacking me.
But then they lost their bitcoins. A lot of bitcoins.
And he had charges brought against him.
Further, warning people about ponzi schemes is not only about allowing them to properly assess the potential risk and understand that there is no actual investment taking place, but it also serves as a warning to current and potential scammers that people are aware of what they are doing and if they take it too far, criminal charges may be brought against them.
And the last thing cryptocurrencies need are more loser scammers like Pirate and his imitators.
Personally, I have no problem with someone giving money to a ponzi scheme operator, as long as that person is aware that his money is being sent to a known scammer and that his money could be lost forever.
