Minneapolis Fed President Neel Kashkari calls DOGE a Ponzi scheme

[newshunter]

Minneapolis Fed President Neel Kashkari calls DOGE a Ponzi scheme

The central banker previously referred to cryptocurrencies as a “giant garbage dumpster.”

Source: Minneapolis Fed President Neel Kashkari calls DOGE a Ponzi scheme

Would appreciate your opinion about this

[TomPluz]

When the cryptocurrency market is in the big dip, expect negative voices and comments to be floating around and be picked up no less than the media (crypto-focused or not) as they can be getting more attention from people who can be scouting for some news - good or bad on cryptocurrency. I don't understand why there are still people who keep on referring to a coin or token as a ponzi as if they don't know the legal definition of a ponzi. You can call Dogecoin as a failed experiment that cost people money, just like supporting a business that eventually failed: you lost your money, period. Ponzi entail something else, even there can be similarities in both instances somewhere. However, when there is a bull run, all we hear from the media are more good news and even some hypes to get people's eyes and ears. This is just a cycle, anyway.

[Freemind]

I find it very curious that Neel Kashkari has not said anything about Doge until now, when the market is going down. I also find it very curious that he does not say anything about Elon Musk, the main person responsible for the manipulation of many people with few neurons who have invested in Doge without even knowing what it is and what it is for.