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The definition of a Ponzi scheme is paying off existing investors with money contributed by new investors. If it's a successful Ponzi scheme due to people dying
by snappyTertle 9y ago
The definition of a Ponzi scheme is paying off existing investors with money contributed by new investors. If it's a successful Ponzi scheme due to people dying, then that's a different argument. A Ponzi scheme is a ponzi scheme whether it's a success or failure.