So a ponzi is basically people send money 1 person gets money back? BTC I mean just checking.
Yes
basically 1 person - the one who open this thread!
This one is at least a bit funny.. But please don't put any money to this black hole!!!
Yes, ponzi equals to give all your money to a single person, and hope that he send back more to you. This usually involves some " fair" scheme, like paying back first the first investors, but most of times resolves with the person owning the address running away.
Of course sending money to a ponzi is a risk because you need to trust the ponzi owner (very hard) and hope that a lot of other
fools people sends btc after you, or that nobody post a funnier cat
I would discourage everybody to trust a ponzi owner and send him money in the hope he sends back more to you.
