Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
minerpart
on 15/10/2013, 14:22:56 UTC
I've had the ponzi argument via public forum on multiple occasions. It comes down to people not knowing what a ponzi scheme is. Early adopters profiting more than late comers =/= ponzi scheme.

100% incorrect, quite ironically.

What about this is incorrect?

In a Ponzi early investors may profit but usually they just think they are profiting as they are paid unrealistic amounts of interest on their investment - that is to attract in more victims. The late comers lose everything (early investors may lose 80% or more) as the scam is run down. Its not about late comers getting a smaller slice of a pie, all of their money is taken and they see none of it back.