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You are describing a bubble, not a pyramid scheme. A pyramid scheme uses N people to pay for 1, and collapses when the supply of people runs out. There's no ima
by fjsolwmv 7y ago
You are describing a bubble, not a pyramid scheme. A pyramid scheme uses N people to pay for 1, and collapses when the supply of people runs out. There's no imagination that something's value is constantly increasing. A bubble uses one person paying extra to pay one other person, and collapses when people stop believing that there is a richer sucker.