this post was submitted on 29 Jul 2023
667 points (80.8% liked)

Showerthoughts

29816 readers
1016 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. A showerthought should offer a unique perspective on an ordinary part of life.

Rules

  1. All posts must be showerthoughts
  2. The entire showerthought must be in the title
  3. Avoid politics
    • 3.1) NEW RULE as of 5 Nov 2024, trying it out
    • 3.2) Political posts often end up being circle jerks (not offering unique perspective) or enflaming (too much work for mods).
    • 3.3) Try c/politicaldiscussion, volunteer as a mod here, or start your own community.
  4. Posts must be original/unique
  5. Adhere to Lemmy's Code of Conduct

founded 1 year ago
MODERATORS
quinten
vatlark
forkball
Thekingoflorda
667
Capitalism is nothing but a giant pyramid scheme. (infosec.pub)
submitted 1 year ago by [email protected] to c/showerthoughts
222 comments fedilink hide all child comments
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.