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re: Has Anyone Heard Of The Pyramid Scheme 'Gifting Tables'?

Posted on 6/12/21 at 9:53 am to
Posted by bird35
Georgia
Member since Sep 2012
12181 posts
Posted on 6/12/21 at 9:53 am to


This post was edited on 6/28/21 at 11:51 am
Posted by IAmNERD
Member since May 2017
19238 posts
Posted on 6/12/21 at 9:54 am to
quote:

Why would you pay $5000 if there is nothing being sold. It sounds more like theft than a pyramid scheme.

Sounds like a bunch of dumbass women with too much time and money on their hands. I don't think it's theft if you willingly give your cash away. Unless they thought there would be some sort of payoff, it seems like they were paying dues to some sort of club where they meet up and talk shite.
Posted by OweO
Plaquemine, La
Member since Sep 2009
113952 posts
Posted on 6/12/21 at 10:27 am to
quote:

Why would you pay $5000 if there is nothing being sold. It sounds more like theft than a pyramid scheme.




Like I said, they paid $5k to get in, once you recruit your two people, you get your $5k back, then as your chain expands, you get a piece of it.

But like all pyramid schemes, eventually people at the bottom will get screwed because everyone who they could possibly recruit has either joined already or has no interest in doing so.

The people on top were turning $5k into $40k pretty quick.
Posted by Gee Grenouille
Bogalusa
Member since Jul 2018
4788 posts
Posted on 6/12/21 at 10:29 am to
quote:

There is a similar start up happening amongst the north shore lacrosse moms.


we all need more info on this
Posted by Simplemaaan
Member since Sep 2007
3809 posts
Posted on 6/12/21 at 10:29 am to
Kinda like crypto. No intrinsic value.
Posted by USMEagles
Member since Jan 2018
11811 posts
Posted on 6/12/21 at 10:29 am to
quote:

There’s the legal/accounting term “gifting” that possibly has migrated into general over-use?


I don't see why law (and accounting, I guess?) have to play such havoc with the English language. Somebody should legislate a dictionary for those wackjobs (though I guess it would take a lot of the fun/money out of it).
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 6/12/21 at 10:30 am to
quote:

Kinda like crypto. No intrinsic value.


Did you know they are setting up Bitcoin mines across the country.

Someone please explain that to me
Posted by V Bainbridge
Member since Jul 2020
7795 posts
Posted on 6/12/21 at 10:32 am to
quote:

I wish you would’ve “Gifted” me back the 3 minutes I used to read your OP

If it took you 3 minutes to read the OP you need to be gifted some reading lessons
Posted by OweO
Plaquemine, La
Member since Sep 2009
113952 posts
Posted on 6/12/21 at 10:39 am to
quote:

Kinda like crypto. No intrinsic value.



It has value if people accept it. How is the dollar any different? Crypto is converted to dollars.

If someone is selling something you want to buy and they are only accepting payment in crypto how much are dollars worth in that moment? $0.

You can't compare a pyramid scheme to crypto.
Posted by CajunTiger92
Member since Dec 2007
2821 posts
Posted on 6/12/21 at 10:46 am to
The airplane scheme went through Lafayette in the mid 1980s when the oil bust hit devastated the local economy. A lot of people were doing it, it was crazy.
Posted by Oizers
Member since Nov 2009
2643 posts
Posted on 6/12/21 at 10:49 am to
quote:

The people on top


So boobs?
Posted by ds_engineer
South Mississippi
Member since Dec 2014
386 posts
Posted on 6/12/21 at 12:13 pm to
Lacrosse moms make soccer moms and travel ball moms look like the classiest women to ever watch sports. Southern travel ball has nothing on lacrosse psychos
Posted by Woodlands Tigah
Tejas
Member since Mar 2021
652 posts
Posted on 6/12/21 at 12:37 pm to
quote:

The airplane scheme went through Lafayette in the mid 1980s


In 1987, I went with a friend to a Northside residence for an "opportunity to make $12K". I couldn't believe people were, (and apparently still are) that fricking stupid.

Every time I ask my friend about the $1,500 he gave up, he still gets pissed at me!
Posted by Simplemaaan
Member since Sep 2007
3809 posts
Posted on 6/12/21 at 5:11 pm to
My grocery store ain’t takin no Bitcoin baw.
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