Safemoon has become one of the most talked about cryptocurrencies in the world but the big problem is that it is a giant Ponzi scheme.
In this video I will break down EXACTLY why it is by showing you the numbers.
I will go through the specific maths that shows that THE ONLY WAY for Safemoon to rise in value is through the rapid addition of new users.
The "Tokenomics" effect of reflection distributions does not work and I explain exactly why.
The natural reduction in the volume of tokens through burns ALSO doesn't work and I show the maths for that as well.
So the only reason that the price can grow or remain stable is if a lot of new people join to buy Safemoon.
And the ONLY reason for anyone to buy Safemoon is to try and sell it for a profit - there is no utility and there is no revenue or profit generated.
So the price method by which this works is the exact definition of a Ponzi scheme and hopefully at least some people out there will actually watch this and find this useful.
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