Pyramid Schemes and Ponzi Schemes Explained in One Minute

I've explained what pyramid schemes as well as Ponzi schemes are through a one-minute animation.

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[OneMinuteEconomics]

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[JonatasAdoM]

You've managed to explain 2 concepts under 2 minutes. Now I understand why YouTube has never recommended your videos :(

[ETHANBOT-dwmp]

I got a pyramid scheme ad before this lmfao. Its one of those "Look how rich i am, take my class and become rich like me" stuff

[Shadow]

Better video than the other ones trying to explain the difference. Basically the difference is:
Ponzi: the scammer does all the work.
Pyramid: the scammees also have to do the work.

[n_n]

Good video, exactly what I wanted to know.

[deanchimp]

(Watches video about the dangers of Ponzi Schemes and Pyramid Schemes)
*Ad is for a pyramid scheme*

[Jazzdude_]

I have a "webinar" on sunday, about a project / company that I think solely relies on such pyramid schemes. I will listen to what they have to offer, but will be very sceptical. Thanks for the quick summary of this topic.

[sanchitaagte]

perfect explanation, and within such a short timeframe too, I'm intrigued. keep up the great work!!

[OneMinuteEconomics]

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[eclecticreader]

This video is helpful. Thanks for putting it together.

[net_apart]

thank you, the google searches for pyramid schemes just tell you the basics and how to spot it, this actually tell me what it is.

[JonathanBrandonBissoo]

So that's the U.S. Treasury & Federal Reserve explained.

[jyothichandani]

Such a good job you've done ! Thank you so much 😊😊😊

[godzilla]

All this sounds more complicated than just getting a job. Why do people even start ponzi schemes?

[uzijhhp]

they put us in jail if we don't pay the fee

[rodrigoBotinellyhp]

Thank you so much to clean my mind. I was so confused.

[ThatGUY]

Thanks for the video I feel it gives a good explanation but that might just be because economics wasn't my thing. That said I have to wonder, what is the point of a Ponzi scheme? If I'm understanding it correctly there are only three ways I can see it ending for the scammer:

1) It blows up and the scammer goes to jail;
2) The scammer ends it before it blows up and pays off the last of their "investors" but that would ultimately result in the scammer losing money and thus defeating the purpose of the scam; or
3) The scammer vanishes before it blows off taking the money with them, but that would mean they would likely have to give up at least some of the perks of their lavish lifestyles to avoid raising suspicion

In the end I don't see the point since the first scenario ends in prison and the other two seem to defeat the purpose of the scheme.

[RJAImpact]

You see time and time again that FOMO kicks in and this drives the next level of investors.

[JonatasAdoM]

Found your video trying to find the reason behind all of the pyramid scheme videos on Youtube.

[marcusgill]

Nice videos! have you already made the continuation video for this? cheers.