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rawhead
Joined: 19 Dec 2011
Posts: 6
Location: Boston, MA
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 Posted: Fri Mar 08, 2013 10:34 pm Post subject: |
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EDIT: wrong forum LOL sorry about this!
Last edited by rawhead on Fri Mar 08, 2013 11:55 pm; edited 1 time in total |
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Jim C.
Joined: 18 Feb 2011
Posts: 89
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| Posted: Fri Mar 08, 2013 11:54 pm Post subject: |
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| rawhead wrote: | Ponzi scheme (from Wikipedia): A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation.
By definition, then, a crowdsourced project is not a Ponzi scheme.
They could be fraudulent; they could be ethically questionable; but they're not Ponzi schemes. |
hey rawhead, think this was meant for another forum ?
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rawhead
Joined: 19 Dec 2011
Posts: 6
Location: Boston, MA
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| Posted: Fri Mar 08, 2013 11:55 pm Post subject: |
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| Yeah, very sorry LOL |
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