Hacker News new | past | comments | ask | show | jobs | submit login

your definition includes stocks. I suppose you might be right that stocks are a ponzi



they weren't back when the reason people bought them were dividends, now the only real exit is if the company goes bankrupt or is purchased. The intervening time is hard to describe as anything other than pure speculation and piling dupes on top of each other




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: