
Ponzinomics refers to a fraudulent investment scheme where returns are paid to earlier investors using the capital of newer investors, creating the illusion of a legitimate business. Rug pulls are a type of scam in the cryptocurrency space where developers abandon a project and run away with investors' funds, often after artificially inflating the value of the project. Both terms are associated with deceitful practices in the crypto and financial world.

Perplexity's "answer engine" aims to provide direct, concise answers to user queries by sourcing information from various websites, rather than returning a list of links as traditional search engines do. This approach focuses on delivering accurate and relevant information quickly, without users needing to navigate multiple web pages.

Perplexity prioritizes trustworthiness by sourcing information from a select group of reputable sources rather than relying on an expansive index like Google1. It utilizes a more curated set of data from sources deemed trustworthy, which are updated daily. This approach ensures accurate and up-to-date information.