Inflection Point cover image

The Collapse Of First Republic Bank, What Happens Next? | Weekly Round Up

Inflection Point

00:00

Bitcoin: A Ponzi Scheme?

Mark O'Mara: I think people overuse the term Ponzi. They, you know, this does frustrate me a little when I hear people describe Bitcoin as Ponzi scheme. The definition of a Ponzi that I've always liked is you pay off new investors or the old investors money. He was doing it. That's what they're doing. So I'm with you on that. Kind of is actually absolutely is to your point. It is.

Play episode from 17:22
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app