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Pyramid Schemes: What's wrong with chain letter pyramid schemes?
There's just three problems with that: The correct term is "Ponzi scheme." There's nothing positive about them. A Ponzi scheme is, by definition, illegal (at least in the U.S.). Both Ponzi ... Yet, both pyramid and Ponzi schemes are illegal because they inevitably must fall apart. No program can recruit new members forever. Every pyramid or Ponzi scheme collapses because it cannot expand ...
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