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1 sat \ 2 replies \ @daniella OP 16 Jun \ parent \ on: STRC reconstructs the Cantillon Effect on top of Bitcoin bitcoin

I don't think it's a ponzi, unless it's not actually backed by bitcoin. The cash flow mechanic where new capital funds existing obligations is structurally similar, but STRC holders voluntarily buy a disclosed security backed by (not publicly verifiable for now) bitcoin. My research led me to a clear Cantillon effect, but only time will tell.

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1 sat \ 1 reply \ @denlillaapan 16 Jun

it's not a fraud; as you say, it's all done in the open. But the financing is still ponzi

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1 sat \ 0 replies \ @daniella OP 17 Jun

I hear you ;)

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