It goes to the credibility of the operation. Do you really want to be lending money to someone (no offense unclescrooge) that was so incredibly stupid that he couldn't see a ponzi staring him in the face (and yes Pirate's "business" was the most pathetically obvious ponzi you could imagine). Not only did he not see the ponzi but once it closed down (as all ponzi eventually do) he was so blinded by pure faith (or cronyism) that he was demanding people apologize to a ponzi scammer.
It wasn't a rhetorical question. It reflects on the financial acumen of the investor who is seeking a long term deposit. Do you think that increases or decreases the risk of default?
+1
I have to agree. Real talk.