So I think you have your drawing wrong on your site.
If the "new person" pays .01, how do 2 other people get .01?
Basically somehow they get .02 out of .01
That math just doesn't add up.
If the "new person" pays .01, how do 2 other people get .01?
Basically somehow they get .02 out of .01
That math just doesn't add up.
its a ponzi, each level requires twice the number of payments to fulfil the level above.
level 1 required 2 x 2nd tier
level 2 required 4 x next level
level 3 requires 8 x
and so on.
I understand its a ponzi, but the math still has to add up in a ponzi.
In his example the bank would already be in negative money, so he couldn't possibly pay out .02 if someone deposited .01, unless of course he is paying out with his own money(which I am super sure he would do that)
Anyway, the bank should be broke...
