how did you explain it?
Discussion
I basically combined describing a Ponzi scheme and a pyramid scheme, but it clicked for them when I said you need new participants to pay out the first participants. I told them to look up “Charles Ponzi.”
how did you explain it?
I basically combined describing a Ponzi scheme and a pyramid scheme, but it clicked for them when I said you need new participants to pay out the first participants. I told them to look up “Charles Ponzi.”