Bitcoin Forum

Economy => Investor-based games => Topic started by: Applesforapples on October 24, 2016, 07:55:50 PM



Title: If the whole world ponzied together
Post by: Applesforapples on October 24, 2016, 07:55:50 PM
would it alleviate financial problems to most? poverty decrease?


Title: Re: If the whole world ponzied together
Post by: Slow death on October 24, 2016, 08:11:39 PM
would it alleviate financial problems to most? poverty decrease?

I think it's a matter of mathematics + bad character of the creators of sites ponzi = all people of the world will be poor except the creators of the ponzi scheme.



Title: Re: If the whole world ponzied together
Post by: MartinL on October 24, 2016, 08:14:21 PM
Ponzi schemes do not create wealth, they merely redistribute it from those that join before it collapses to those that join early.

Apart from that, a worldwide ponzi scheme is impossible because they cannot grow beyond a certain size because eventually there aren't any more victims to pay the previous "investors".


Title: Re: If the whole world ponzied together
Post by: Racey on October 24, 2016, 08:18:44 PM
Global Bankers=Ponzi terrorists seems we have a lot of them already

https://twitter.com/maxkeiser/status/713719137651044352

Quote
Max Keiser reveals the real financial terrorists threatening America and the world. Is this stock market bull real or a manipulated rally? Banks are not lending. Credit is not increasing even though the economy needs it. Instead, the bailout monies have been used to drive stock prices upwards.
 
Max covers the FedRes, Ponzi schemes, high frequency trading, Goldman Sachs.. front running…program trading.. etc.

https://socioecohistory.wordpress.com/2009/08/17/max-keiser-banksters-are-the-biggest-financial-terrorists-of-all-time/


Title: Re: If the whole world ponzied together
Post by: kanazawa on October 26, 2016, 01:28:31 AM
I did a thread to explain how this stuffs works:

https://bitcointalk.org/index.php?topic=1661886.msg16683519#msg16683519
 (https://bitcointalk.org/index.php?topic=1661886.msg16683519#msg16683519)
hope it could help you all to get away from fraudsters.


Title: Re: If the whole world ponzied together
Post by: xhomerx10 on October 26, 2016, 01:41:19 AM
would it alleviate financial problems to most? poverty decrease?

 I guess I must be older than most because I remember that Albania was ruined by Ponzi schemes - most of its GDP was tied up in the schemes.  The country was plunged into a deadly civil war and chaos ensued.  No, I think a world Ponzi would result in famine, disease, riots (even war), wealth confiscation, extreme poverty... I see nothing good coming from this.  If something isn't produced for the exchange of currency, it has little or no real value.  Only governments can get away with that kind of exchange.  The rest of us have to produce something for it.  Look at Nigeria - they printed money like it was sea water = game over.


Title: Re: If the whole world ponzied together
Post by: pacifista on October 26, 2016, 02:36:59 PM
would it alleviate financial problems to most? poverty decrease?
Youre wrong ,it should be . Poverty increase not poverty decrease. If this world will be full of ponzi, they will kill each other, crime is the next.