Category: Ponzi
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BTC Debate
Bitcoin Treasury CompaniesBitcoin treasury companies like MicroStrategy use leverage and equity issuance to increase their Bitcoin per share, creating a recursive flywheel that can unravel quickly when sentiment changes MNAV (Market Value of Bitcoin compared to Enterprise Value) is a key metric for arbitrage, with extreme values indicating potential for shorting, but its correct value…
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Allen Stanford
I didn’t know the story of Allen Stanford before seeing this video. He created a Ponzi scheme worth over $5 billion and ended up with a 110year prison sentence. Despite his public image as a trustworthy banker, Stanford’s life was built on lies, starting with his humble beginnings in Texas. He went on to live a…