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RE: Is this a ponzi scheme?

in #viva8 years ago

In a lot of ways you VIP account is easier to explain this way...

Imagine if your bank paid you interest on your savings as a chunk of every fee they received from checking, credit cards, loans etc. Now imagine that this compounded and imagine that the amount received was proportional to your savings vs the savings of others.

That's the VIP in a nutshell.