In the 70's people were really excited to participate in those letter chain ponzi schemes. Some of them made a small amount of money. The rest didn't. But the

In the 70's people were really excited to participate in those letter chain ponzi schemes. Some of them made a small amount of money. The rest didn't. But the fascination of instant money for nothing didn't stop any one of them from trying. Just like lottery and bingo (although at least Bingo has a social element).