Prophetkelly:
😇😇😇i hope you won't go back o

Future trading is spirit itself. If you haven't tried it before, it is better but once you try it, even if you lost so much and then it is like you have given yourself brain,you switch to spot. The moment you start getting profit again, the spirit will silently whisper to you that you can make much more on futures then boom you will say let me try with $100 this time around till you lost that money again.

Once you start futures, they will make you win your first second trades and make everywhere sweet for you.....gbam every profit you make goes back to them especially those who are greedy.

I don't want to laugh, but you're right. It's just like a teenage girl who just discovered how sweet sxx is. If she can't get a man (someone she'll put in trouble later in life), she does it herself. And before you know it, she's addicted to solo play. Same with the other gender.

There is a system I came up with back then called the Cascading Effect just to feed the spirit. After 10 loses, the 11th one is always a banger.

The thing is, if you've made up your mind that you want to lose your first 10 trades, you've automatically removed desperation. A politician called Ubah is late, but if you can bring him back to life to spend 40 more years in exchange for 80% of his wealth, he would accept. This means life is better than money.

Imagine the market dumped to 52k and you entered a trade of $3 and your liquidation is 48.9k and you have 20 more trades to enter.

Would you want the market to go to 48.9k or would you want it to pump? I know you'd want it to go down because your cascading is getting bigger as it dumps.

This is being overprepared with a very tiny risk.

If the coin stubbornly refuses to liquidate you by going to 48.9k, but keeps pumping to 97k, you'll end up turning $3 to more than a thousand Dollar. It's a win win. At this point, you could switch to shorting cascading.

The problem most futures traders have is taking big risks at once and then scream "You only live once." Lol. My brother, you're hurting yourself, ajeh!

Risks should be split into chunks. Keep that $100k or 1 million Dollar somewhere else and use only $1530 to catch fun first, but most won't do it because it looks too small and they're too big for small trades.

The moment you have the belief you're going to make it in this life, remove desperation and put patience and strategy and you'll get there faster.

Alexas58:
Like a rat sniffing for food around a kitchen where they’ve kept dirty plates!

Etherium is showing heavy danger !

Pull back is very low!

We can get heavy problem from 2800!

Get out of etherum now, that you have the chance

bring it on!!!!
If ethereum goes below 2k,
I’ll sell everything to buy it..

What is #MVRV Ratio ?

The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.

The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.

So what does that Indicate ?

#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.

#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.

GRACEGLORY:




Don't bank on that until the unfinished business @51K-53K is settled. When is what I don't know.

Don't get carried away, guys

seanwilliam:
bring it on!!!!
If ethereum goes below 2k,
I’ll sell everything to buy it..

Ethereum is correcting on the 4 hours Timeframe, which will cap below 3100; then the drop you want will happen and break the swing low of 2110.

Meanwhile, I am riding the correction to 3010, from which I sell with SL at 3130.

Whatever you do, try to live like David Beckham and you'll never go hungry or get affected by recession or the government.

He finished his career, became a farmer and uses crypto for transaction most times. He produces 95% of his food himself. No genetically modified food and he exercises while still making fiat money without doing much as Messi and co. do the work for him.

This man eh! He's just too smart. Low key life.

He's a global role model for people who want to escape the matrix to an extent.

If you're looking for someone to look up to, it's Beckham and not that 9-5 government agent of darkness that doesn't even earn up to 300k per month, but wants everyone to quit crypto. I pray they don't sack him one day and he ends up being depressed because of zero savings and nowhere to run to except beer from his so-called Nigeria Brewery.

I go press this agent of darkness neck for this thread until he becomes afraid of commenting with that his account. How can one man have more than 20 accounts on Nairaland? Is he possessed? Why are scammers always this determined?

Chikacha:


Just imagine the stress and efforts of these scammers, only to still sound alike.

Among the headless mob on this thread who follow Ilegendd the way flies follow shit it appears you are the most sensible with functioning brain sells, this is the reason why I decided to quote you.

The fact that a person makes a post here which is against the ethos of this thread (which is posting real and imaginary good news about crypto) does not necessarily mean that the person is out to scam people.

We all cannot have the same view about a subject matter!

I made a post where I called crypto a Ponzi scheme (Which I strongly believe based on my assessment) but instead of him to "jump and pass" your god Ilegendd quoted me and the next thing I know his brainless disciples are screaming scammer all over the place.

This attitude will not lead you to a good place if you continue with it!

iLegendd:
Mr. Bunkum, aka GovernmentAgent (meaning: Agent of darkness that works in a corrupt brewery company).

The demon that wants everyone to be dependent on the govt. like my father did and ended up regretting it after retirement when they devalued his millions into ashes. I love that man, but he doesn't understand the evil institution called "the govt." he works for doesn't care about him.

That is exactly the same mistake this bstrd Govt.Agent wants everyone to make. You will not succeed with your agenda. If you're so in love with the government because one of your relations is probably a politician, why can't you stop all the doctors leaving the country?

See the picture below. Look at number 3. Very soon some desperate and naive people will DM you or you'll advertise that you can get anyone a job in the government, especially in Nigeria Brewery. In the end, if she's a woman, you'll sleep with her, scam her, and run. GovernmentAgentOfDarkness.

I hope you people reading this are are fixing the pieces together. Adding government to his name is deliberate for future scam. He wants to make people believe he's connected and deep into government and has access to any government parastatals. Omoh, these scammers get sense o! They really think way AHEAD of time. Wow!

The only reason I might ignore you is the fact that you have too many accounts and I will be confused when you'll attack me with your alternates without me realizing it's you. Guerilla war.

You've made only 23 comments with this your account. You're always busy jumping from one account to another. If not, with how determined you are fighting for the government, you're supposed to have up to 1000 comments with this your account, but no, you're busy rotating from one to another while forming "at the office." Must scamming be our heritage in this country?

You take more risks than those in crypto. Your life is susceptible to road accident and untimely death, but I don't wish you that.

You that jumps from vehicle to vehicle wasting money on fuel or transport, just to make money that'll end up being spent on food and school fees to children that are already doing hookup and Yahoo in school.

Don't you know you're risking your life on the road everyday just to feed your family, but people in crypto are only risking their money, not their lives. You're not a critical thinker afterall. Only smart in coming up with scamming ideas.

After you've killed yourself trying to meet up in the government rat race just to be promoted, who will train those children you offloaded into the universe? Some civil servants sabi f*ck up o, yet na them poor pass, na them complain pass, na their salary small pass, na them corrupt pass, na them born pass and na them beg pass.

The only thing attractive about a some civil servants is their modest dressing. They're good at dressing decently, but na them still cheat pass.

By the way, look at number 3. It's one of your plans, Mr. Evil Bunkum. Agent of Darkness.

If you continue, you go hear weeeh for my hand. One day, I fit use you write book titled: The Government's Agent of Darkness: The Hater of Freedom, Innovation and Technology.

I'll continue to torment and expose you if you don't give up, this wicked soul.

Your claim that the word "Government" was added to this moniker so as to aid scam is very infantile.

You call yourself a legend...legend of what.

Legends of music in Nigeria
Fela Anikulapo-Kuti
King Sunny Ade
Oliver de Coque
Christy Essien Igbokwe
Onyeka Onwenu
Osita Osadebey
I K Cairo
Ebenezer Obey
Bongos Ikwue
Nico Mbanga
Bright Chimezie
King Wasiu Ayinde Mashal
Tee Mac
Art Slade
Bala Milla
Innocent Idibia etc


Legends of sports in Nigeria
Wole Odegbami
Peter Konyegwachi
Innocent Egbunike
Chioma Ajunwa
Falilat Ogunkoya
Chidi Imoh
Rashidi Yekini
Nduka Odizor
David Imonite
Atanda Musa
Stephen Keshi
Mary Onyali
Bashiru Ali
Joe Lasisi
Jerry Okorodudu
Christian Chukwu
Nwankwo Kanu
Austin Okocha
Sam Okwaraji
Mutiu Adepoju
Peter Rufai etc
Mercy Akide
Perpetual Nkwocha


Legends of academicians in Nigeria
Prof Chike Obi
Prof Ola Rotimi
Prof Wole Soyinka
Chinua Achebe
Prof Grace Alele-Wiliams
Prof Pat Utomi

Legends of corporate world/business
Chief Lou's Ojukwu
Chief MKO Abiola
Chief Pascal Dozie
Alhaji Dantata
Chief Rufus Giwa
Atedo N Peterside
Cosmas Maduka
Chief Emmanuel Iwuanyanwu
Chief Leo Stan Ekeh
Jim Ovia
Chief Gamaliel Onosode
Chief Samuel Adegbite
Oba Olashore
Oba Otudeko
Bola Dorcas Kuforiji-Olubi
Hilda Adefarasin
Maria Sokenu
Stella Okoli
Arunma Oteh
Idowu Awosika
Eze Festus Odimegwu
Chief Kola Jamodu
Ndi Okereke-Onyiuke
Chief Lulu Briggs
Shola David-Borha
Catherine Oparaeke etc
Chief Mrs Olutoyin Olakunrin etc


I'm very sure your name is not on any of the lists above!

What exactly is your claim to fame?

What you do here is to trade futures with capital of $3 and leverage of 100x
so I know you are definitely not one of the top 50 crypto traders in Nigeria.

Who or what then gave you the right to include the word "Legend" in your name when you are clearly not qualified to be called a legend in any field in Nigeria?!

sweetveek:
watin carry you go 2021 post?

research!

$Major is another project owned by Telegram, Just like $Dogs.
It's already in Pre-sale on Bitget. Join and grab your tokens before listing.
👉https:///major/start?startapp=6807048560

GovernmentAgent:


Among the headless mob on this thread who follow Ilegendd the way flies follow shit it appears you are the most sensible with functioning brain sells, this is the reason why I decided to quote you.

The fact that a person makes a post here which is against the ethos of this thread (which is posting real and imaginary good news about crypto) does not necessarily mean that the person is out to scam people.

We all cannot have the same view about a subject matter!

I made a post where I called crypto a Ponzi scheme (Which I strongly believe based on my assessment) but instead of him to "jump and pass" your god Ilegendd quoted me and the next thing I know his brainless disciples are screaming scammer all over the place.

This attitude will not lead you to a good place if you continue with it!

Welcome, Mr. Bunkum. I noticed you've logged in Nairaland several times yesterday and today, but was more busy with your alternate accounts.

The demonic government agent of darkness has crawled out. He'll soon give excuses that he was busy with life and in the office or too big for arguments. How much does the brewery pay you per month?

Go and deliver speeches around the world telling everyone how crypto is a scam. Tell Russian, China, and the US government that.

Poor Nigerian civil servant is busy trying to make sure everyone is like him doing 9-5 in a brewery. What a shame!

How old are you, this busybody man?

I feel like I have messed up. I have been begged to ignore this agent of darksnesss, but I refused. I'll try my best this time around.

iLegendd:


Before I explain, read this:

Ponzi is anything that gains its value through human trust. The moment humans collectively stop trusting it, it collapses.

With this, even gold is given its "gold status" because of humans. If they drop it, it becomes valueless.

But, if humans collectively stop trusting fruits, vegetable, plants, they'll still grow and flourish.

Whatever doesn't flourish without human intervention is a Ponzi scheme.

Even having a child is a Ponzi scheme. If the mother dumps the child somewhere after birth, what happens? He or she dies.

If everyone abandons crypto, what happen?
If everyone abandons Venezuelan Dollar, US Dollar, Nigerian Naira, Zimbabwean Dollars, Church, Mosque, University, etc. what happens? They collapse.

But if we abandon a mango tree, an iroko tree, an apple tree, etc. they'll still grow.

What doesn't grow without human intervention is a Ponzi.

Bro I'm sorry to say but I don't agree with what you wrote here.

I can accept that this is your personal definition of what ponzi means but don't call it a general meaning cos it's not.

You called religion a Ponzi and not just that, you called a mother giving birth to a child as ponzi? How reckless can u be with words?

I don't know about yours but my mother givijg birth to me and other mothers giving birth too is never a Ponzi, was never a Ponzi and will never be a Ponzi.


You need to eat your words..

TrennixGLOBAL:



Bro I'm sorry to say but I don't agree with what you wrote here.

I can accept that this is your personal definition of what ponzi means but don't call it a general meaning cos it's not.

You called religion a Ponzi and not just that, you called a mother giving birth to a child as ponzi? How reckless can u be with words?

I don't know about yours but my mother givijg birth to me and other mothers giving birth too is never a Ponzi, was never a Ponzi and will never be a Ponzi.


You need to eat your words..

I understand where you're coming from. There is a religious bias and I deeply get it. Emotions and rage is involved, especially to an African.

The word is scam, but I used Ponzi because that is what he, the agent of darkness, wants to hear. Ponzi is someone's name — Charles Ponzi. Scam is what that person did, so they named it after him.

The general word is "scam." Let your wife abandon her knew born baby and run and see if the baby won't die.

Whatever can die without human intervention is a scam and I'll always defend it. So, we as humans, need to keep crypto and children alive by being there for them, else, they'll end up as scam just like Nigerian refineries.

Nigerian refineries are not scams, but for intentionally letting them collapse, it's a scam.

A child is not a scam, but for the mom to intentionally let the child die, she scammed him.

Crypto is not a scam, but if everyone sells, they scammed us.

This is the point I'm trying to make. Human workforce is needed for things to continue to exist, but when that workforce is withdrawn, they collapse.

Talking about crypto, a lot of millionaires who bought are dead. They can't sell and no one has their passphrases, so everyone can't sell.

Let me talk briefly about Return The Republic ($RTR) project here.

I know most of us are already aware about how it crashed from $155m mcap to dust when Donald Trump Jr dissociated himself from the project. There was so much noise on twitter about how it's a scam project and all but I silently entered with small thing around 3m mcap and I've almost doubled my initial capital even with the current market situation.

Not a recommendation but,... What if this project goes close to it's ATH again? anybody that put in something at the current price/mcap would have made a fortune. Don't let us forget that some successful projects today were once termed "scam" at initial stage (for one reason or the other)...... As a reminder, Do not invest in any meme more than you can afford to lose.

NFA

Happy Sunday.

TrennixGLOBAL:



Bro I'm sorry to say but I don't agree with what you wrote here.

I can accept that this is your personal definition of what ponzi means but don't call it a general meaning cos it's not.

You called religion a Ponzi and not just that, you called a mother giving birth to a child as ponzi? How reckless can u be with words?

I don't know about yours but my mother givijg birth to me and other mothers giving birth too is never a Ponzi, was never a Ponzi and will never be a Ponzi.


You need to eat your words..

You are being emotional. He's not.

Not that I agree with everything he said.

I'm supposed to abandon this topic because no matter how many times I say it, most Nigerians will never understand me — they might even think I'm insane, but let me just say it one last time.

Anything that can't survive without human intervention is a scam. I said it and I'll keep saying it.

This is why we humans always need to be there for them to make sure they're no longer scams.

None scams are supposed to survive without human intervention and they are nature:

1. The sun
2. The rain/water/river
3. The air
4. The trees and vegetation
5. The fish and animals
6. And (fill in the blank yourself)

Most animals can give birth and abandon their offsprings and they'll survive, but humans? No way.

These things will keep existing and surviving without us. They are the only solutions we need to survive. In those trees and vegetations, you have all your chemicals, medicines and natural food to serve you for life.

If the only thing you're exposed to in life are those things I listed above, you'll live 100-700 years without falling sick. Yes, I said it.

Oyibo man said no, let's pollute the world with scams that'll cause humanity some pleasure, but lot of: stress, depression, cancer, infection, etc. and they succeeded.

So, let's enjoy the rat race together and we're not assured of 100 years anymore unlike when nature was our source of joy and survival.

Today, it's been replaced by Nigerian Breweries (making men have pot bellies), GMO food, bank, school, Church, Mosque, etc.

We've been introduced into the stressful world of survival and taken out of the natural world.

Survival is winning, Franklin. Now that we're in it, we go chook head for where e go favor us and we win. Crypto gives that hope unlike banks and Nigerian Breweries.

Even if it doesn't make us money, it will at least protect our money to avoid making it become almost worthless like my dad's pension.

iLegendd:


Remove all the humans or robot made by humans that work in that company and see if the company will stand. Will it? No.

Remove all the crypto mining rigs and see if crypto will stand. Will it? No. So, humans and human trust is needed for them to thrive, else they die.

So, Nigeria Breweries Plc is a Ponzi scheme. If all the workers quit, what happens next?

If all the humans leave this world, the world will still exist. Nature will take over. But if the world stops existing, humans will seize to exist.

So, we humans are also Ponzi in a rat race. If things stop growing on the ground, we're doom. Na only animals we go chop. A time will come when animal will no longer exist and we'll all die.

Water, air, agriculture and three others are not Ponzi, but the rest are.

As humans, our IQs are different. If someone with a higher IQ speaks, you may not understand, so it will be understandable if you don't understand or believe me.

Have a nice day and please, stop yelling Ponzi. Every smart person knows 95% of things in this world are Ponzi, but with trust, they live happily.

You just spoke like someone with a very low mindset & IQ so don't claim like what you said or defined was smart.

Don't let education & science get too much into your head.

iLegendd:


I understand where you're coming from. There is a religious bias and I deeply get it. Emotions and rage is involved, especially to an African.

The word is scam, but I used Ponzi because that is what he, the agent of darkness, wants to hear. Ponzi is someone's name — Charles Ponzi. Scam is what that person did, so they named it after him.

The general word is "scam." Let your wife abandon her knew born baby and run and see if the baby won't die.

Whatever can die without human intervention is a scam and I'll always defend it. So, we as humans, need to keep crypto and children alive by being there for them, else, they'll end up as scam just like Nigerian refineries.

Nigerian refineries are not scams, but for intentionally letting them collapse, it's a scam.

A child is not a scam, but for the mom to intentionally let the child die, she scammed him.

Crypto is not a scam, but if everyone sells, they scammed us.

This is the point I'm trying to make. Human workforce is needed for things to continue to exist, but when that workforce is withdrawn, they collapse.

Talking about crypto, a lot of millionaires who bought are dead. They can't sell and no one has their passphrases, so everyone can't sell.

Hmmmmmm 👍👍

Tflex01:


You are being emotional. He's not.

Not that I agree with everything he said.

I understand what he is talking about & I'm not being emotional but u know some of those terms he used are wrong. There are more better words or examples to make use of.

This is Africa so you speak like an african & when in Europe, u speak like a European.

Either ways, it's all good.

TrennixGLOBAL:


I understand what he is talking about & I'm not being emotional but u know some of those terms he used are wrong. There are more better words or examples to make use of.

This is Africa so you speak like an african & when in Europe, u speak like a European.

Either ways, it's all good.

TrennixGLOBAL:



You just spoke like someone with a very low mindset & IQ so don't claim like what you said or defined was smart.

Don't let education & science get too much into your head.

This is an insult


And is it an African culture to make the statement above about him talking like someone with low IQ simply because of an argument ??


Some of you dish out things you cannot take..

TrennixGLOBAL:


I understand what he is talking about & I'm not being emotional but u know some of those terms he used are wrong. There are more better words or examples to make use of.

This is Africa so you speak like an african & when in Europe, u speak like a European.

Either ways, it's all good.

This is Africa indeed, that is why u guys keep risking yours lives through the Mediterranean sea to get to Europe! You people are never logical! Stop bringing sentiments into everything. There is nothing wrong in what he said! The nuisance of a guy called governmentagent is the face of ponzi himself. A govt that is yet to deliver on one single promise, yet we have someone representing such a thing coming here to constitute nuisance all the time. Fuel is now selling for N950, was that what they promised us? What ponzi can be bigger than that?? Saying a mother giving birth to a child is ponzi was from a broader view, because in life nothing is certain. Everything that is uncertain have a trace of ponzi in it. Stop getting emotional!

doyin01:




This is an insult


And is it an African culture to make the statement above about him talking like someone with low IQ simply because of an argument ??


Some of you dish out things you cannot take..

iLegendd bodyguard & spokesperson, I have heard u.


I rest my case..

TrennixGLOBAL:



iLegendd bodyguard & spokesperson, I have heard u.


I rest my case..

Get out with your useless case that you are resting..animal..

Very childish tantrums...you insulted someone who did not insult you.. and I pointed it out to you..all you could do is reply by saying ilegend bodyguard ?? Smh...I wonder if some of you are 18+.....I wonder why some of you get angry with anyone who do not support your opinion...that is when you will remember the person is ilegend bodyguard bla bla bla ...nonsense.. but If I had mentioned that I support your opinion I am sure you won't say i am ilegend bodyguard..mumu

jayce232:

This is Africa indeed, that is why u guys keep risking yours lives through the Mediterranean sea to get to Europe! You people are never logical! Stop bringing sentiments into everything. There is nothing wrong in what he said! The nuisance of a guy called governmentagent is the face of ponzi himself. A govt that is yet to deliver on one single promise, yet we have someone representing such a thing coming here to constitute nuisance all the time. Fuel is now selling for N950, was that what they promised us? What ponzi can be bigger than that?? Saying a mother giving birth to a child is ponzi was from a broader view, because in life nothing is certain. Everything that is uncertain have a trace of ponzi in it. Stop getting emotional!

Congratulations 👏👏..

doyin01:


Very childish tantrums...you insulted someone who did not insult you.. and I pointed it out to you..all you could do is reply by saying ilegend bodyguard ?? Smh...I wonder if some of you are 18+.....

👍👍

jayce232:

Saying a mother giving birth to a child is ponzi was from a broader view, because in life nothing is certain. Everything that is uncertain have a trace of ponzi in it. Stop getting emotional!

@TennixGLOBAL

The bolded is the summary of what Ilegend was trying to say. And whether you like it or not, it is the gospel truth.

Virtually everything that makes great wealth revolves around that word, including government. It's like a pyramid, you will benefit greatly if you are close to the top of the scheme or spectator if you are far away. It is what is it.

Tflex01:


@TennixGLOBAL

The bolded is the summary of what Ilegend was trying to say. And whether you like it or not, it is the gospel truth.

Virtual everything that makes great wealth revolves around that word, including government. It's like a pyramid, you will benefit greatly if you are close to the top of the scheme or spectators if you are far away. It is what is it.

Leave that mumu to be getting emotional and worked up over nothing!!!!!

TrennixGLOBAL:


👍👍

Get lost

TrennixGLOBAL:



Bro I'm sorry to say but I don't agree with what you wrote here.

I can accept that this is your personal definition of what ponzi means but don't call it a general meaning cos it's not.

You called religion a Ponzi and not just that, you called a mother giving birth to a child as ponzi? How reckless can u be with words?

I don't know about yours but my mother givijg birth to me and other mothers giving birth too is never a Ponzi, was never a Ponzi and will never be a Ponzi.


You need to eat your words..

Are you the one behind that "governmentagent" moniker..?? The way you took the matter personal though.......anyone with common sense and strong IQ should know that when someone says life itself is a ponzi , they mean that there is nothing certain about life. , a mother can die while giving birth. , a mother can bury her child , a mother can get killed by the same child she gave birth to , a mother can kill her own child too, etc....in the normal phase of life , these things are not supposed to happen but it happens which makes life itself to become a ponzi because we experience things that we were not promised or things we did not expect. , no mother was promised that she will lose her child yet the mother can lose the child. ,a mother was promised by nature not to bury her child yet we have several mothers who have buried their child ,something which contradicts what nature promised them...in such case , they were scammed by nature

📍

The truth is, the issue raised is a deeply intellectual and critical discourse, and honestly, it demands a high level of IQ to fully grasp the concept.

When iLegendd relates childbirth to a Ponzi scheme, it’s important to understand that, traditionally, the act of a mother giving birth is viewed as a natural and life-affirming process. However, the statement suggests that even this fundamental aspect of life is not without its uncertainties.

From a broader perspective, the comparison implies that the inherent uncertainties of life extend to every aspect of existence, including something as natural and essential as childbirth. This view is what iLegendd is trying to explain, where unpredictability is a constant.

By likening uncertainty to a Ponzi scheme, iLegendd is not literally claiming that childbirth is fraudulent. Rather, he uses the Ponzi scheme metaphor to underscore that life, much like a Ponzi scheme, is built on layers of unknowns and uncertainties.

In a Ponzi scheme, the returns are uncertain because they rely on new investments; if those cease, the scheme collapses. Similarly, life’s outcomes are unpredictable, and the future is never assured. The central idea here is that life is inherently unpredictable. No matter how much we plan or hope, there’s always an element of the unknown. This uncertainty is being compared to the risky, unstable nature of a Ponzi scheme.

My own conclusion is that anything reliant on human actions for its continuity carries elements of a Ponzi scheme, as it can be manipulated and is fraught with uncertainties.