A pyramid scheme is a fraudulent and unsustainable investment pitch that relies on promising unrealistic returns from imaginary investments. The early investors actually get paid those big returns, which leads them to recommend the scheme to others.
SSI relies on MORE people paying now than can be paid out later. So early “investors” get their returns… where newer investors will have little to no hope.
So what do I not know?
Caid/Care has a similar issue. If 100% (or even 20%…) of people paid into it needed it… it couldn’t possibly keep up/pay out.
because it’s a pyramid scheme… Just like SSI is.
I don’t think you know what that word means
Many pay for few… and the majority can never and will never claim it.
https://www.investopedia.com/insights/what-is-a-pyramid-scheme/
SSI relies on MORE people paying now than can be paid out later. So early “investors” get their returns… where newer investors will have little to no hope.
So what do I not know?
Caid/Care has a similar issue. If 100% (or even 20%…) of people paid into it needed it… it couldn’t possibly keep up/pay out.