Quote from: Vod on Today at 11:50:58 AM

Quote from: andulolika on Today at 11:05:01 AM

I'm not willing to believe someone can be that stupid after that many years of crypto, it clearly stated "ponzi". I don't need nor want to know more about it, you accept all scam shitcoins and worship them but cannot accept that something that clearly states that's a ponzi and that will eventually get rekt got rekt.
Not saying I agree with ponzi's but that was a clear one, no hidden shit.

Yes it was a ponzi, and Mr. OG knew he was going to have to scam eventually.

But he decided to scam everyone. Instead of paying out the 2,600 BTC he owed his investors, he pocketed those coin when pirate went under. He even planned it a week in advance by creating the insurance fund.

So, the issue is NOT that people lost money on a ponzi Mr. OG ran. The issue is that people lost money that Mr. OG stole.

All I can say on the subject is that I don't like ponzies and excluding a minimum all should go back to the gamblers. Ponzi should keep going AND repay till it eventually cannot repay as it repaid too many commissions, then you go away with that not with that many unpaid users, if done this way only a small amount would go on maker's pocket, i think there was a few of those with smart contract.

Now a ponzi isn't a investment and whatever is sent there should be considered lost and whatever comes back a miracle.