this post was submitted on 29 Jul 2023
666 points (80.7% liked)

Showerthoughts

29596 readers
2019 users here now

A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The best ones are thoughts that many people can relate to and they find something funny or interesting in regular stuff.

Rules

  1. All posts must be showerthoughts
  2. The entire showerthought must be in the title
  3. Avoid politics (NEW RULE as of 5 Nov 2024, trying it out)
  4. Posts must be original/unique
  5. Adhere to Lemmy's Code of Conduct

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [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.