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Old 10-14-2010, 08:32 PM  
will76
Making $$$$ w/ ClickCash
 
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Join Date: May 2003
Location: USA
Posts: 18,037
Quote:
Originally Posted by woj View Post
Lets compare a P2P Payment System to a Ponzi scheme, both can be used to make huge amounts of easy $$ in no time..

Trust Level Required:
------------------------
P2P Payment system: Low - owner could be serving a 10 year sentence for fraud, but as long webmasters get an anonymous atm card they will signup
Ponzi Scheme: High - everyone knows already that if it sounds too good to be true, it probably is... no one buys the "I will get you 50% return per year" bullshit anymore...


Start Up Capital Required:
----------------------------------------
P2P Payment system: Low - incorporation fees, address at local mail boxes etc or UPS store, some basic design + programming = $5k tops
Ponzi Scheme: Medium - office in a decent location, business cards, office furniture, etc = $10k+


Chances of getting caught:
--------------------------------------
P2P Payment system: Low - everyone will write off losses; 6 months from now everyone will forget about it...
Ponzi Scheme: High - SEC doesn't fuck around, 10+ years in jail for fraud


Time required for 10M+
-----------------------------
P2P Payment system: Low - can accumulate 10M+ within a few months
Ponzi Scheme: High - can take many years to build up trust


Coolness Factor:
----------------------------
P2P Payment system: Medium - new and unique way to make a buck in digital age; makes for good bar stories; could make a movie out of it;
P2P Payment system: Low - "I used to run a ponzi scheme" just doesn't sound right...


Clear winner is P2P Payment System

I agree 100%

also with a p2p company you can rip off people in an industry that no one cares about and will likely be ignored by the govt. You also ripping off people who most don't have millions and they will chalk it up to "cost of doing business" where as ponzi scheme people rip off mostly people with lots of money and lots of connections and get the heat on your ass.
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Last edited by will76; 10-14-2010 at 08:34 PM..
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