4 ms·

Ponzi scheme is ok if you are in at the beginning of the scheme. That's what makes this interesting - it's basically a bet that other people will also believe t

by mikkom 13y ago

Ponzi scheme is ok if you are in at the beginning of the scheme. That's what makes this interesting - it's basically a bet that other people will also believe this will go on.

sklivvz1971 13y ago
Unless someone runs off with the money (and in any case, unless you are the first, you never know if you are at the "beginning")
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eschaton 13y ago
Ponzi schemes aren't OK. They're a form of theft, both immoral and illegal.
- omni 13y ago
  Please justify the usage of the word "theft" to describe this if it is perfectly upfront about what it's doing. Surely you meant to say gambling.
- jacob019 13y ago
  by that logic the loto is immoral theft also, seems more like consenting individuals engaging in gambling.