4 ms·
There isnt much damage. No money is lost, it just moves. Admittedly into fewer hands. The damage is mostly capped at $150 or so, I would imagine. Normally in a
by 55555 9y ago
There isnt much damage. No money is lost, it just moves. Admittedly into fewer hands. The damage is mostly capped at $150 or so, I would imagine.
Normally in a ponzi there is a pretense of a business that you are funding and so you can really empathize with those who were fooled, but no one is being fooled here. They know the risks. This is a ponzi game, not a ponzi. It's social gambling.
- colanderman 9y ago> No money is lost, it just moves. Admittedly into fewer hands. The damage is mostly capped at $150 or so, I would imagine. I mean, that describes literal robbery too.
- crapitalism9 9y ago>> No money is lost, it just moves. Admittedly into fewer hands. > I mean, that describes literal robbery too. I mean, that describes capitalism pretty well too.
- SolarNet 9y agoNah man, what if there are like 3 robbers. Then the money moved into more hands (I guess if some of the robbers only had like one hand though...). Pyramid schemes aren't a scam because it's fewer hands.