Comment by tjs8rj

5 years ago

That’s not a pyramid scheme, that’s a referral system.

No a referral system, is "you can invite others to play, everyone else has to wait"

"You can only benefit, after you get others to invest" is almost a textbook definition of a pyramid scheme.

  • I think the missing part for it to be a true pyramid is that you don't profit from your referrals referrals and so on. That's what is usually called a downline in MLM/pyramid schemes.

    But yeah, it is getting very close to a pyramid system IMO.