Difference Between Ponzi Schemes and Legitimate Referral Programs
Softminimal1 says "Dude I get a ref[erral] for bringing people into my bank so what is the difference?"
Softminimal1 says "Dude I get a ref[erral] for bringing people into my bank so what is the difference?"
Great post @louisthomas ! Quite controversial subject actually....I'd say almost everything in today's economy is close to be a ponzi... Where the ones on the top take advantage of the ones in the base of the pyramid... Fiat and central banking is definitely the biggest Ponzi of all! Thanks for creating always informative and original content mate! Keep it up! Your #1 supporter in Spain here! :)
I will agree on that ! So confusing of whatever economic scheme is a ponzi or legit. Besides people always throwing word Scam around like crazy making it even harder to understand . From a word for caution to a clickbait ...
Ponzi schemes offer payment based solely on recruiting. If you’re in a company where they tell you that all you have to do to make money is “Sign up a few friends, and get them to sign up a few friends” Then it’s most likely a pyramid scheme.
Referral Programs is about building a sales organization that sells a product. The ones who make the most money have the largest organizations, but it still involves selling a product. If there’s no product moving through the organization, then it’s not kosher.
Good post. I like it
hi bro.. im beginer i think this good post how to make post whit vidio??
a very good post
Totally agreed. If the company just gives you a part of the marketing pie so that you are some kind of affiliate marketeer its not the same as Ponzi scheme which just requires more money to pay the already existing people in the scheme...
Great video especially for someone like me who are new to cryptocurrency. I really try only to go in to platforms that actually has a solid base for their cryptocurrency and also brings other values, especially content. Like Steemit and Musicoin.
Also how come and you didn't upload straight to dTube aswell?
short,useful nice video thanks for uploading.
thanks for sharing that good information :)
nice video by the way