4. Every next player's invest will payout its previous investor and hence only the last person looses....
Example with 200% return will look like as follows...
#1 invests 1 - bankroll is 1
#2 invests 2 - bankroll is 2, #1 gets paid 2
#3 invests 4 - bankroll is 4, #2 gets paid 4
This is a ridiculous claim, "only the last person loses."
Only true if every
mug 'investor' pays in double the previous person.
Simple question for you CrazyJoker....in your example above, could you prove that you or your alts are not #1, even #2, manipulating the 'game' and ripping off everyone else without them knowing?
You can't = there is no such thing as a "provably fair ponzi" and anyone pretending that there is should get negative trust.