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> if you respect something that pays out prior participants with the money from new participants, you will refuse to call it a ponzi Or if you simply go by th
by jandrese 4y ago
> if you respect something that pays out prior participants with the money from new participants, you will refuse to call it a ponzi
Or if you simply go by the textbook definition of a Ponzi scheme.
- yieldcrv 4y agoyes, I often say the textbook definition of a word, instead of the word, to advance a conversation and fly under people's kneejerk auto-response to the word