this post was submitted on 16 Mar 2026
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Not The Onion

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[–] KeenFlame@feddit.nu 2 points 1 week ago (1 children)

They pay for voting power in disputes over betting so that it literally only gives return by new investors - exactly like how any ponzi scheme works

[–] CXORA@aussie.zone 0 points 1 week ago* (last edited 1 week ago) (1 children)

"Voting power" has nothing to do with the original ponzi scheme. It was all about using the money from new investors to fake high returns on investments for all investors. So a betting market where people aren't assured return at all starts from quite a different proposition, and adding "buying voting power" to it does nothing to increase the similarity.

At a stretch you could compare it to an MLM.

[–] KeenFlame@feddit.nu 0 points 3 days ago (1 children)

Ah yes investing to get money the most not ponzi ever

[–] CXORA@aussie.zone 1 points 2 days ago (1 children)

If you think "investing" in a ponzi scheme makes you get more mowey out you are the target a ponzi scheme owner dreams of.

[–] KeenFlame@feddit.nu 0 points 1 day ago (1 children)

Sooo.. here we are; you flip 180 and forgot that your claim is that there is no investment or scam

[–] CXORA@aussie.zone 1 points 1 day ago

Welp, you just lie. Fantastic.