Ponzi with pyramid schemes is very harmful to the public, and it should get heavy penalties and fines very much, by draining the public money is a very cruel crime, I agree with the fine made Italy.
all currencies are pyramid systems...
whats wrong with the pyramind systems though ?
they can be quite exploitive and self centered.... like ancient islamic oasises, i am not going to describe them here though i doubt people can imagine such pyramid systems today....
well jes one coin is hunted as a pyramid system and ponzi scheme, the difference to a ponzi scheme is that it was never going to build anything just to delude people and run away instead of building capital
if the samoan central bank shares this interpretation of mine, then it is just a pyramid system not a ponzi scheme.
regards