As long as people are greedy and want to earn money, I don't think there will be a period in time where it will stop because people get into these schemes because of greed and profit from it. There is definitely no end to it.
I don’t think greed is the main reason, they fall for these scams mostly because of stupidity.
Greed is one thing, but if you're smart, you’d still know how to manage the risk. But plain stupidity? That leads straight to regret.
That’s why I asked,
“When are they going to learn?” I know some people in our country who’ve already been scammed by Ponzi schemes, yet they still join again and just treat it like they’re gambling.
If we look at the situation from a different angle, then such scams are created and will be created as lessons for those greedy and, as you say, stupid people regularly. I do not justify scammers, but if there is demand, there will always be supply. We have seen hundreds of such schemes on the forum; someone has learned useful advice and gained experience. But those who are too "self-confident," believing that nothing like this will happen to them, eventually fall under this scenario. As a result, being informed and learning from the mistakes of others is always better than going through your own negative experience.