It's a scam or ponzi scheme. I think the public mistakes behavior like that of SBF, Mashinsky, etc as somehow being an inherent part of bitcoin.
Those kind of mistakes confirm their suspicions. Most unfortunate.
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It always makes me laugh to hear this from people in Europe who love their pay-as-you-go pension system. They live in the heart of the biggest Ponzi there is but don't even realize it!
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