How Ponzi Scheme Works

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#scammer
#business
#investing
#investment
#money
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Unironically helpful because I've used ponzi scheme as a buzzword while thinking it was a fancy term for an MLM scam

AbhiramSaran
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"I get tutored online"
"Oh really, by who?"
"SENTRY"

Spletz
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Imagine everything in the schools being taught this way.

Future of education, right here.

bronzejourney
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"Just in invest your money in a ponzi scheme for a short while and then never invest in it again" = stonks🎉🎉🎉🎉

ipostwhatiwant
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I never knew what a Ponzi scheme was until now. Thank you I need you as my new teacher now

findingsinclair
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The Ponzi scammer should be portrayed as a trollface tbh, but nice explanation! Can't wait to see more.

Dunno
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What happened at the end there is known as a "rug pull" - that's when a fraudster just runs off with the money.

Jorvalt
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As a ponzi scammer this is truly explains accurately how we operate. gotta go, irs is chasing me 😢

Bos_Meong
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My man single handedly start a new age of knowledge learning. Great job and Keeping on👍

markcooper
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Ok but why is this channel actually so helpful when it comes to making me understand concepts better that should probably be simple to get 💀

vilet
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The world was never the same after the How DDOS Works video...

SGTIvan
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If schools taught everything like this I would pay so much more attention.

(I have to edit this comment now because y'all can't seem to tell a serious comment apart from a joke.)

Rubiktor
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Now we need “How Pyramid Schemes Work”

WinnerK
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Missed to put the Bitconnect meme (Carlos Matos).
Also its more like the scammer uses the deposits of the second guy to pay the first guy, yet still great video 👍

wernerderchamp
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Very accurate tbh, plain, simple, and easy to understand.

bebektoxic
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This shit shold be played in school. I'm positive there's not one dumbass on this planet dumb enough not to understand this. Thank you, keep this up!

nexodavix
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That's not how a Ponzi Scheme works. A Ponzi Scheme requires multiple people to invest and for each new investor you need even more investors to make payments possible, when you can't get enough investors/miney the Scheme fails. In theory it could go on forever, but in reality it's going to fail sooner or later.

etele
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I spent literally 3 class days in a *college* level version of a personal finance class my state *forces* you to take on this. And this video has now taken those 3 hours and 45 minutes of learning ONLY about Ponzi schemes (ok, maybe a little of other scams) and has completely taught everything learned in 39 seconds. Truly, these are magical.

(and school is more bloated than your mom)

geyrnauch
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This is something Krabs would do. Love this content

Superhung
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Accurate, although usually the early investors get away with a little something too if they don't feed in repeatedly.

Yesnaught