“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.
Well gee, that doesn’t sound like a nightmare of a Ponzi scheme at all
It literally doesnt sound like a ponzi scheme at all.
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
“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.
Ah yes investing to get money the most not ponzi ever
If you think “investing” in a ponzi scheme makes you get more mowey out you are the target a ponzi scheme owner dreams of.
Sooo… here we are; you flip 180 and forgot that your claim is that there is no investment or scam
Welp, you just lie. Fantastic.
You forgot the explanation for why you say it is not a ponzi scheme yet is a bad investment because its a scam