home.social

#pyramidscheme — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #pyramidscheme, aggregated by home.social.

  1. I told Jacob all about my previous experience with Dora… and he masterfully assuaged my concerns. He assured me that he had “a legitimate business opportunity” that was not a pyramid scheme.
    I wish I had the clarity to see that if someone keeps insisting their business is not a pyramid scheme… chances are, it probably is.
    medium.com/prismnpen/how-could

    #LGBTQ #Loneliness #MLM #PyramidScheme

  2. this is an actual slide from a real presentation a few months ago by the king of the “borrow money to buy bitcoin” companies #MicroStrategy / Strategy / #MSTR

    #BTC #STRD #STRK #STRC #STRF #bitcoin #crypto #cryptocurrency #saylor #michaelSaylor #pyramidscheme #scam #economics #econ #finance #stockmarket

  3. @nixCraft

    Anyone into #finance explain how this isn't just a more complex form of a #pyramidscheme?

  4. When y'all find out that ...

    #AI, like #crypto is a #pyramidscheme: it's smoke, mirrors and one of the biggest #frauds perpetrated in human history

    It's s going to create #bedlam and devastation.

    It will make a small group of #criminals who #fake it 'til they #break it very rich, and wreak #havoc for everyone else.

    #soon

  5. When y'all find out that ...

    #AI, like #crypto is a #pyramidscheme: it's smoke, mirrors and one of the biggest #frauds perpetrated in human history

    It's s going to create #bedlam and devastation.

    It will make a small group of #criminals who #fake it 'til they #break it very rich, and wreak #havoc for everyone else.

    #soon

  6. 2/ In other "crypto scammers visiting El Salvador to immanentize bitcoin fascism" news, #MicroStrategy CEO Michael Saylor, the man who owns more bitcoin than anyone (much of it bought with borrowed money in what will probably turn out to be history's largest pyramid scheme) flew to San Salvador to visit Bukele on February 13th.

    cryptobriefing.com/bitcoin-mee

    #ElSalvador #uspol #broligarchy #nerdreich #MSTR #KilmarAbregoGarcia #AbregoGarcia #NetworkState #MichaelSaylor #NayibBukele #Bukele #CECOT #PyramidScheme

  7. One week ago #MicroStrategy (#MSTR, the world's largest pot of bitcoins masquerading as a publicly traded company) announced they were raising $21 billion (1/3rd of the entire company) via a new "perpetual strike preferred stock" called #STRK to raise cash to pump the price of bitcoin.

    Today now suddenly they are announcing they will raise money via yet *another* financial instrument "strife" (#STRF) to pump the price of bitcoin.

    absolutely wild. bitcoin cannot be "digital gold" if its price depends on the solvency of a single company (which it now does)

    * STRK announcement: strategy.com/press/strategy-an
    * STRF announcement: strategy.com/press/strategy-an

    #MichaelSaylor #fraud #corruption #pyramidscheme

  8. Almost without fail, every service that touches creeptocurrencies goes into a decline.

    Don't expect Proton to make virtuous ethical choices anytime soon, especially now that Trump joined the cult. Once the greed bug has bitten, making a profit supersedes delivering a good product as the primary objective.

    arscyni.cc/file/crypto_cult_sc

    fosstodon.org/@stardust/112404

    @Xavier @protonprivacy

  9. Almost without fail, every service that touches creeptocurrencies goes into a decline.

    Don't expect Proton to make virtuous ethical choices anytime soon, especially now that Trump joined the cult. Once the greed bug has bitten, making a profit supersedes delivering a good product as the primary objective.

    arscyni.cc/file/crypto_cult_sc

    fosstodon.org/@stardust/112404

    @Xavier @protonprivacy #CryptoCultScience #PyramidScheme #Ponzi #MLM #Proton

  10. Almost without fail, every service that touches creeptocurrencies goes into a decline.

    Don't expect Proton to make virtuous ethical choices anytime soon, especially now that Trump joined the cult. Once the greed bug has bitten, making a profit supersedes delivering a good product as the primary objective.

    arscyni.cc/file/crypto_cult_sc

    fosstodon.org/@stardust/112404

    @Xavier @protonprivacy #CryptoCultScience #PyramidScheme #Ponzi #MLM #Proton

  11. Crypto Cult Science
    “Money corrupts; bitcoin corrupts absolutely. Disregarding all of bitcoin's shortcomings, a financial instrument that brings out the worst in people—greed—won't change the world for the better.” —arscyni.cc/file/crypto_cult_sc

  12. Good grief. Twitter’s no longer paying Creators based on advertising - that’s drying up as advertisers don’t want to be in these replies.

    Instead, it’s pivoting to creators being paid by getting more paying people onboard among their followers.

    This is… Mid level marketing.

    #twitter #twittermigration #mlm #ponzischeme #pyramidscheme