Replying to Avatar Jaret

I admit - I was involved in a MLM way back in the day. It had a legitimate telco long distance offering. One family friend/customer kept using it for 5 years after I stopped participating. It met a need to low cost call two children in two different countries. But the recruiting aspect of the MLM was basically a ponzi— albeit legitimate (some of the practices and lengths people went to were debatable and why many including myself got turned off).

I didn’t stick with it very long. My roommates would be fascinated that I would get cheques in the mail for decent amounts though for a while. When recruiting others to join your downline - many people were not interested and probably wanted to run at first thought. All is fair. It’s a racket that naturally approaches friends and family first.

Fast forward to today.

Most people run from ponzis, yet they’re living in the biggest one on a daily basis. Most don’t realize it. It isn’t easy to run from because for many money is a taboo topic—off limits and tuned out from learning. It’s a long game to help educate the masses of the massive fiat Ponzi scheme we’re largely living in, minus the lifeboat that is open to those who by luck, fortune, intelligence, whatever to learn the rope that extends to sound shore.

Do you like Ponzi schemes? That’s an appropriate question to ask. 99.99% will say no.

Easy bait to bite but many still won’t hook or listen when you explained the ponzi that enshrouds their life.

There is work to do to de-ponzify.

Let’s go!

We live in a gambling, instant gratification culture.

My personal opinion is this is driven by the fiat money system that LOWERS or ability to plan for the future. It's not something we plan, it's just the decay of money playing out in our heads.

In the book, "Principles of Economics" by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak he discusses this phenomenon towards the end of the book. It's a GREAT read.

It's one of the fundamental benefits of #Bitcoin - knowing our work/energy is saved in TIME we will extend our vision for the future. Creates more innovation, progress, and efficiency.

MLM is not a terrible system of selling REAL products - but it was distorted by recruiting fees and 'training' fees that turned it into mostly a ponzi scheme - just like fiat - seems normal! I have never seen a MLM that did not TAP the pyramid aspect.

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Discussion

The fiat ponzi:

Robs purchasing power via slight and might of hand: inflation (slight) and tax (Might).

Fuels the ‘screw it, do it now worry later’ mindset.

Few want to sacrifice some present for the future. Few understand time value of (sound) money.

Few understand time value of money/purchasing power.

Few want to understand.

Many still do and will. Lots of work to do.