3 ms·
No doubt its unsustainable or exaggerated growth, but is it still a Ponzi scheme if it lasts a decade and most participants exit with more money than they start
by laxatives 10y ago
No doubt its unsustainable or exaggerated growth, but is it still a Ponzi scheme if it lasts a decade and most participants exit with more money than they started?
- abduhl 10y agoPonzi schemes do not have a set time line and any successful Ponzi scheme will have most participants exit with a profit until the Ponzi scheme collapses and then the remaining participants will be holding nothing.
- jrochkind1 10y agodo you know what a ponzi scheme is? Yes, a ponzi scheme requires most participants exiting with more money than they started -- until they don't. https://en.wikipedia.org/wiki/Ponzi_scheme https://en.wikipedia.org/wiki/Ponzi_scheme
- deleted 10y ago[deleted]