11–20 of 55 posts
How does the scam author profit? Seems like all the funds 4x150 = 1200 get distributed back into the network.
How does the scam author profit? Seems like all the funds 4x150 = 1200 get distributed back into the network.
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How does the scam author profit? Seems like all the funds 4x150 = 1200 get distributed back into the network.
Everyone falls for a scam at some point in their life, better to learn early with minimal loss of money.
IMO this is a good opportunity for them to learn how a scam works before they go out in the real world with real money and really get taken for a ride. Everyone falls for a scam at some point in their life, better to learn early with minimal loss of money.
(Admittedly, pyramid schemes usually do work if you're the one starting them and you don't get caught. It's also nice to see someone starting a pyramid scheme that doesn't involve blockchains for a change :) )
One thing that makes me skeptical about this post is talking about "sweeping instagram" in the title and "hype" in the post, but the best evidence for how wide it's spread they can muster is
> The trend has been picking up speed over the last few weeks. My colleague, Danielle and I, could only find examples on Instagram stories but it’s entirely possible that it’s spreading on Snapchat too and we just don’t have the right friends.
Like other supposed worldwide youth crazes, until I see better numbers it could be that something like 100 (ok, 128) people in the whole world have done this and it's not half as big as it's claimed to be.
IMO this is a good opportunity for them to learn how a scam works before they go out in the real world with real money and really get taken for a ride. Everyone falls for a scam at some point in their life, better to learn early with minimal loss of money.
When I was a kid, people were doing the exact same thing, only with the U.S. mail, dollar bills, and much bigger pyramids. I'm kind of surprised it took this long for me to hear of a social-media/online-payment accelerated version.
It seems like they're putting THIS IS A PYRAMID SCHEME on top and people are still buying into it. (Admittedly, pyramid schemes usually do work if you're the one starting them and you don't get caught. It's also nice to see someone starting a pyramid scheme that doesn't involve blockchains for a change :) ) One thing that makes me skeptical about this post is talking about "sweeping instagram" in the title and "hype"…