Financial pyramids are operations that depend on new people joining in sustaining the earnings of the first

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Financial pyramids are operations that depend on new people joining in sustaining the earnings of the first ones. But at some point, the cycle will break as it becomes unsustainable. What is the lesson learned with cryptocurrencies?

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Entrepreneurship Innovation And Sustainable Growth Theory Policy And Practice

ISBN: 9781032522470

2nd Edition

Authors: Nader H. Asgary, Emerson A. Maccari, Heloisa C. Hollnagel

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Question Posted: Feb 26, 2024 03:55 AM

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Financial pyramids are operations that depend on new people joining in sustaining the earnings of the first

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The lesson learned with cryptocurrencies in the context of financial pyramids or Ponzi schemes is the importance of vigilance due diligence and skepticism Cryptocurrencies while innovative and transfo...View the full answer

Entrepreneurship Innovation And Sustainable Growth Theory Policy And Practice

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