> Because the whole premise is completely idiotic, it's just designed to scam people into spending money on nothing.

Ok, so this friend of yours wishes that they would have made 100x return on what you describe as a scam. You describe this as "wishing they were born retarded". How does that make sense to you? If you want to criticize the morality of making money of the backs of others in a scheme that resembles a Ponzi, do that. What you described was something else entirely.