So, not going to scam. Don't leave me negative trust... Read first -ve later
I was wondering if something like this would have economic longevity:
When users deposit, the amount of their deposit is added to a pool and 99% of their deposit is distributed back to the previous depositors in the pool by amount deposited to total pool amount.
A separate balance is kept for profit, and only the profit amount is withdrawable - the original deposit is locked in forever.
Eg.
Deposits so farCoolGuy - 0.1
BTCNotCoolGuy - 0.1
BTCNow, MaybeCoolGuy deposits 0.1
BTC. 0.099
BTC is distributed between CoolGuy and NotCoolGuy equally, and MaybeCoolGuy joins the depositors.
Deposits afterCoolGuy - 0.1
BTCNotCoolGuy - 0.1
BTCMaybeCoolGuy - 0.1
BTCProfitWhen NotCoolGuy deposited, CoolGuy would have gotten 0.099 from his deposit, solely to himself, so:
CoolGuy - 0.1495
BTCNotCoolGuy - 0.0495
BTCMaybeCoolGuy - 0
BTCWould this work? My dumb brain can't figure it out. As far as I can see this would
not work as it requires the constant stream of income from new investors just like a normal Ponzi.