4 ms·
I steal your bike, and I sell it to my buddy who himself lost a bike to a thief.
by 67726e 10y ago
I steal your bike, and I sell it to my buddy who himself lost a bike to a thief.
- abrax3141 10y agoThat's a pyramid scheme, to which my original point applies specifically.
- 67726e 10y agoHow so?
- abrax3141 10y agoThe bottom of the pyramid should fill up with stolen bikes faster than the bikes rust out. Although I guess with 13M more births than deaths each year, there's 13M more potential outlets for stolen bikes. My guess is that most of those buy new or unstolen used, but with only 1.5M bike thefts a year, I may have just data'ed myself out of my OP! (All data for US 2015)
- dragonwriter 10y agoIt's not a pyramid scheme, because people who buy stolen bikes are also subject to having their bikes stolen. Pyramid schemes are acyclic, the market for stolen bikes is not.