3 ms·
If someone had deposited $20 billion last Monday, they would have been fine. In a way, it did depend on money flowing in exceeding money going out.
by jnwatson 4y ago
If someone had deposited $20 billion last Monday, they would have been fine. In a way, it did depend on money flowing in exceeding money going out.
- mynameisvlad 4y agoA $20 billion deposit would have saved them, yes. But that doesn’t make it a pyramid scheme. $20 billion can fix a lot of problems. If a person is on the verge of bankruptcy and they get a cash infusion that saves them, they have not magically become a pyramid scheme. The fact that money helps fix a massive financial problem does not indicate something is a pyramid scheme, just that they have a massive financial problem.
- jnwatson 4y agoAny system that requires new clients to pay for existing clients’ outflows is by definition a pyramid scheme.
- mynameisvlad 4y agoI mean, that’s not the definition of a pyramid scheme at all, but go off sis. There is a very specific definition and it is not “ Any system that requires new clients to pay for existing clients’ outflows”