Quote from: Rassah on October 30, 2011, 03:52:55 PM

Quote from: Giraffe.BTC on October 30, 2011, 03:49:59 PM

Quote from: ineededausername on October 30, 2011, 02:27:52 PM

Quote from: Giraffe.BTC on October 30, 2011, 02:31:43 AM

I don't understand why the Bitcoin community embraces scams like Ponzi schemes so enthusiastically. Crap, theymos had (still has?) a link to a Ponzi scheme in his sig for the longest time. It's just sad. And letting one of the least reliable forum posters run one in the main forum for "charity" is beyond embarrassing.

If you read the rules for Ponzi and still think it's a scam, you're an idiot. It's a voluntary activity.

Giving money to Nigerian princes and joining Amway is also voluntary. That doesn't make either any less of a scam. Scams that prey on people's natural stupidity and greed don't stop being scams simply because the mark isn't robbed at gunpoint.

So, are you saying slot machines, Black Jack, Roulette, State Lottery, and all other forms of gambling are a scam? In this "ponzi" everyone is aware of what it is and what the chance of payout is. How is this not just a Ponzi style lottery?

+1. You nailed it.