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This was a common investment scam in the past. Create an email newsletter, split it in half and give opposing advice to each side. You then keep ramping up the
by robjan 6y ago
This was a common investment scam in the past. Create an email newsletter, split it in half and give opposing advice to each side. You then keep ramping up the fees to the winners until eventually they become one of the losers. Once the list gets too small, create a new entity and start again.
- aaron695 6y agoI think you'll find it's not a real implementation. OP's example requires 2^100 people ~10^30 It's a similar problem with the email list. 50+ years ago Scrooge McDuck also had this happen to him. He had a treasure map for gold (In Antarctica I think) which he got conditional on profit sharing and he found gold. The map sellers ran this scam, sold heaps of different maps because someone would find gold. I personally don't think Scrooge McDuck was just lucky though.
- imtringued 6y agoI think this is the first instance of plot armor protecting exclusively against financial loss.