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> ...isn't the above quote just describing a ponzi scheme without using the word ponzi? It's definitely not a ponzi scheme. It's using money from new investor
by fatnoah 4y ago
> ...isn't the above quote just describing a ponzi scheme without using the word ponzi?
It's definitely not a ponzi scheme. It's using money from new investors to pay existing customers vs. using money from new customers to pay existing ones. See? It's totally different! ;)