A lot of people are arguing that:
*”Cryptocurrency is a Ponzi scheme because really money does not need the kind of FOMO-inducing commercials we witnessed at the Super Bowl – Sign up now, Buy now, You will be left out, etc.”*
My question to these people is – is there a bigger and stronger advertisement for any money than the endorsement and backing of a central government?
Seen through that lens, many currencies and asset classes might seem like Ponzi schemes. I do agree, though, that this Super Bowl had an unprecedented level of Crypto-mania.