Like the weird part about a pyramid is that depending on your risk tolerance it may actually make sense to participate in a pyramid even if everyone involved knows it’s a pyramid. So are that many people being scammed as in tricked (seems hard to believe), or is it just a risky form of gambling that is outlawed in legacy formats.
EDIT: Ponzi -> Pyramid
They are usually a lot more vague when I ask about their realized gains.
But ultimately if you have friends making hundreds of millions of dollars and there is enough of them then that essentially proves there will be many more losers than winners.
I personally don't partake for the same reason I didn't partake in Amway in college. It's functionally a pyramid scam and on a personal level a boring way to make a living.
It’s on par with inventing an axe and now living in a forest god mode. Is that boring, or is that……… why I’m even asking, an ability to spend $e5/mo covers allmost all personal interests in the world.
Move on and live your life.