The author makes a strong case that Jetsmarter is a stupid idea, but not that it's a Ponzi scheme per se. That's hyperbolic and unfair. It appears Jetsmarter i

The author makes a strong case that Jetsmarter is a stupid idea, but not that it's a Ponzi scheme per se. That's hyperbolic and unfair. It appears Jetsmarter is a terrible idea and investors will lose out--but not because it's a Ponzi scheme.