So y’all seen the CashApp pyramid scheme going around?
- Thread starter ISO
- Start date
-
- Tags
- pyramid scheme
They get government grants for those businesses, pass it on to their brother then go back to home country rich. Not from this.
This is literally a pyramid scheme, as the goal is to make it to the center (top) and have those in outer circles (lower levels) send money up in hopes of making it to the center and having the same then happen to them.
Like this is one step above them cash flip scams you see on social media.
Like this is one step above them cash flip scams you see on social media.
Breh, name one difference between this and a pyramid scheme.
If you try to run "group economics" with no inherent group cohesion and no way to hold people accountable then it IS a pyramid scheme.
Wallychamp
Kings Lose Crowns, Teachers Stay Intelligent
It's just the blessing loom scheme all over again from a few years ago. If people were smart and knew how it really works they would simply start their own board and not pay to join a circle.
The initial board has to be created with someone in the middle. Not sure why people aren't realizing this.
Create a board with your name in the center purple spot. Recruit people to join. Collect the money. Start a new board again.
I'm seeing these Instagram models posting new boards everyday, but they are always in the center spot. If they were legit starting on the outside circle paying in, they wouldn't be moving to the center spot so quickly. People are so gullible.
The initial board has to be created with someone in the middle. Not sure why people aren't realizing this.
Create a board with your name in the center purple spot. Recruit people to join. Collect the money. Start a new board again.
I'm seeing these Instagram models posting new boards everyday, but they are always in the center spot. If they were legit starting on the outside circle paying in, they wouldn't be moving to the center spot so quickly. People are so gullible.
A guy at work tried to get me to do this. I was like nah. People always want something for nothing.
typical dumb nikka talk, there is no government grant to start a business lmao
You can't even leave your own state to go to another one to live because you're too broke
you think people coming over here are doing with no money I swear yall nikkaz do not live in reality
Vinny Lupton
Superstar
You're supposed to do this with family and people you know , not strangers on IG
richaveli83
Veteran
I was wondering what that was about. I kept seeing some thot posting it but never paid attention and kept scrolling.Join my board 100 for 800$ Let's get this paper
This year is 100 year anniversary since that schemeCharles Ponzi would be pleased
Ghostface Trillah
God-level poster
Breh, name one difference between this and a pyramid scheme.
If you try to run "group economics" with no inherent group cohesion and no way to hold people accountable then it IS a pyramid scheme.
You basically answered your own question and I already answered it in my post too. For it to work you need stability from everyone involved.
Person 1 is going to get that $800 first but you need someone or something to make sure it gets all the way back to the last person getting their $800. They've been doing this in the Caribbean for decades. My grandmother ran one because everyone knew an 80 year old lady wasn't going to skip town with the money and she was handling 3k-5k payouts
Also it's not a pyramid scheme because everyone puts in the same amount and receives the same payout.
Last edited: