That was what I was asking for clarification about. All distribution schemes are pyramids for any manufactured and distributed product. That's not the problem.
I think a "Ponzi Scheme" by definition is something that claims to earn a return on an investment, but actually the new people's investments are being used to make the first ones in appear to have a real return. Ponzi's always blow up within a certain number of levels. Ken ----- Original Message ----- From: "Khurram Khan" <[EMAIL PROTECTED]> To: "e-gold Discussion" <[EMAIL PROTECTED]> Sent: Friday, December 21, 2001 11:45 PM Subject: [e-gold-list] Re: HYIP's > > --- "Ken Griffith" <[EMAIL PROTECTED]> wrote: > >It looks like the HYIP's have a real potential to hurt the acceptance of > >digital gold currencies. Everytime one of these scams gets busted that uses > >a dgc it gives the whole industry a black eye. > > > > Technically that would be what you would expect, but as far as I can see, the ponzi, HYIP activity has only helped the acceptence of DGCs. There is a strong corolation between a new scheme starting up and a surge of e-gold accounts being created. > > >By the way, is there technical difference between a Ponzi scheme, a pyramid > >scheme and an HYIP? I understand pyramids to work where, you give me a > >dollar and I'll help you convince ten people to give you a dollar. The > >system doesn't implode on itself. > > > > Pyramids are not all bad. Even e-gold is a small one. Say you buy a book from me for $40, and I say that I'll give you $5 for every person you refer to me. Thats a pyramid, even though it may be legitamite, MLM usually gets a bad name. > > A lot of people that are involved with these things actually want to be part of it. They understand the risks, and play accordingly. If you're going to shut down all of these, you might as well shut down all casinos that accept DGCs. After all, doesn't the house always win. > > And at the end of the day, is there a such thing as bad publicity? > Khurram Khan > > > 2 cents worth? > http://two-cents-worth.com/?135153 > > _____________________________________________________________ > Get email for your site ---> http://www.everyone.net > > --- > You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] > To unsubscribe send a blank email to [EMAIL PROTECTED] > > http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now! > --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!
