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The casinos market might also be something to compare to.
by BenoitEssiambre 4y ago
The casinos market might also be something to compare to.
- tialaramex 4y agoIn many ways a casino is like a theme park. Customer comes in, you empty their wallet, they feel happy for a while, job done move on to the next sucker. By aggregating over a large number of customers the casino takes what is gambling to the individual punter and makes it into a sure fire income stream. In a way it's honest work. Whereas most of the "cryptocurrency" stuff is a scam, sometimes a scam onion, with layers of scams performed on other scammers. It me reminds of a juice MLM I ran into. At first I see the usual pyramid structure, there's no way you can "make money selling this" unless you're near the top of that pyramid, there are celebrity "endorsements" paid for with a nice chunk of money, and so on - but then I realise there's a whole other level. The real scammers don't waste their lives on this "fake it til you make it" crap. The MLM company has an exclusive supply deal with a single manufacturer, every bottle of crappy juice a victim pays for as "stock" for their "home business" is coming from one company owned by the scammers who dreamed all this up. They're nothing to do with any pyramid scheme, even if the Feds bust the whole thing, they're innocent, they just own a business which sells 10¢ of juice for $5 to the MLM company, just Capitalism red in tooth and claw. For every $1000 some fool spends on juice they'll never drink, $100 may end up going to some shark with great charisma and no conscience who reeled in that MLM fool, but $500+ ends up with the faceless juice makers.