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We call that a Ponzi scheme...
by lettergram 9y ago
We call that a Ponzi scheme...
- jiggunjer 9y agoA pyramid. A ponzi is more abstract and could still reward the last people but be harmful to the rest.
- jstarfish 9y agoI like to think of it as a reverse funnel system.
- nerfhammer 9y agoAlso, a Ponzi scheme involves outright fraud, giving your investors fake accounts.