Ponzi Scheme (break you down)
No one knows how to briefly describe the phenomenon of selling dreams, which can raise so much money in such a short time.
Gathering people who are so stupid, speculators, who are not fools but act geniuses, who are willing to die to defend games, dreams and all the bullshit of a real bogus business.
Until finally Carlo Tebaldo Ponzi's name was immortalized into a model of fraud that later became known as the Ponzi scheme, but even after more than 100 years the term was known, the ponzi scheme continued to exist in society.
Loved by many, ponzi schemes turn friends into foes, turn family into foes, and take new victims every day.
The reasons why ponzi schemes are so enduring, and how ponzi schemes work, how much harm they cause and the devastation they can cause to our lives.
A ponzi scheme is a fraudulent investment mode that pays investors profits out of their own money, or money paid by subsequent investors.
The main attraction of a ponzi scheme lies in its convenience, great business cover and make-up of its members, who claim to be successful, while giving the lure of profits that are much higher than other investments, without taking a long time.
Ponzi schemes have always succeeded in exploiting the two weakest sides of humans, namely stupidity and greed.
In the course of its journey, ponzi schemes have evolved using new packages, from old investment companies to today's applications, not infrequently these schemes use well-known names as examples of their success, making it seem as if they are part of today's business model with cool terms, even though all it is a lie.
The ponzi business spreads quickly from one person to another, spreading a message that getting rich is very easy, you don't have to work hard, you don't have to study, just follow in their footsteps, then success will come, even though instant success is the whisper of the devil.
There are so many products that can be used as media to create a ponzi scheme, but no matter what form it takes, they are all just used as gimmicks, just lies, because actually there is no legit product or money that is really invested in a ponzi scheme.
The main product of the ponzi scheme is money play, which is a fraudulent investment mode that pays members profits out of their own money, or money paid by subsequent members instead of the profits earned on investments.
In general, ponzi schemes will use a downward network system that is shaped like a pyramid, so although slightly different, ponzi schemes are also often called pyramid schemes.
By using a scheme like this, the growth of members will accelerate exponentially, so that they can accumulate large amounts of money in a short period of time.