- cross-posted to:
- btc
- cross-posted to:
- btc
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No, because pyramid scheme has a specific meaning and a stock using speculative investments to pro up it’s own value does not fit that definition.
You did not watch the video.
I didn’t have to. If a title asks a question, the answer is no.
Well you are wrong. It is a pyramid scheme as explained in the video. That is the whole point of information, you cannot conclude something from a title.
Sounds like you have an agenda.
Yeah I have an agenda against the misuse of words.
The video even says it, this is closer to a ponzi scheme than a pyramid scheme. Pushing aponzi scheme into a stock wrapper doesn’t transform it into a pyramid.
The important part is that it is a scheme which is destined for disaster. Once it blows up it will be irrelevant if a video called it a pyramid or ponzi, it being exposed is what matters.
