this post was submitted on 29 Jul 2023
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Showerthoughts

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Capitalism is nothing but a giant pyramid scheme. (infosec.pub)
submitted 1 year ago by [email protected] to c/showerthoughts
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[–] [email protected] 4 points 1 year ago

Yes, but most people using the term don't know their defitition, so knowing the correct definition is of limited usefulness.

Ponzi is for Investments that offer high returns, by marking the principal as gains. Pyramid schemes sell stuff, through a pyramid of salesmen. Each one earns a percentage of the revenue of his underlings and is encouraged to recruit more underlings.