$Jager JAGER is it a PONZI scheme?
Let me summarize the content about currency:
1/. First: currency itself has no intrinsic value, it is only a representation of value when accepted, meaning currency is merely an intermediary for exchanging value.
2/. Second: currency needs to circulate to truly serve as an intermediary for value exchange; if currency is withdrawn from circulation, it can no longer represent exchange value.
3/. Third: The issue of inflation and deflation, in the currency market we have 2 main options to adjust this index:
+ increase money supply => print more money
+ withdraw money from circulation => interest rate
As for whether $Jager fits this case?
If so, then Jager is just a type of currency, an intermediary for exchanging value!
The Jager community accepts it, do you understand my point? 🤣