Hacker News new | past | comments | ask | show | jobs | submit login

Other hot companies are clearly NOT Ponzi schemes, such as LinkedIn, Facebook and Zynga. Everything is not a Ponzi scheme, but some things are.



Sorry, sarcasm doesn't translate into a text box well; I'd never heard the term 'Ponzi scheme' until a few days ago and suddenly it's all over the front page of HN.


I agree with you, but you have to admit, U.S. dollars themselves are a bit of a Ponzi scheme.


While this is nearly true, it acts very slowly, and most people don't know how U.S. dollars work. Since everyone is robbed of some small value rather than a small group being robbed of all value, you can't expect people to notice.

Unfortunately most attempts to explain to the general public how U.S. dollars work contain other assertions that are plainly ridiculous (see http://www.youtube.com/watch?v=zXjoAP7jm6Y or http://www.youtube.com/watch?v=_dmPchuXIXQ), and the more tame treatments of related issues lack depth (http://www.youtube.com/watch?v=PTUY16CkS-k).




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: