Can you name a pyramid scheme that was pushed within the Liberty movement?

I

IanCioffi

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Apr 19, 2009
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I'm compiling a list of pyramid schemes that have been pushed within the Liberty movement.

So far I have
The Ron Paul Card
Manatech
Neon Energy

If you can think of any others please reply with the company name. Bonus points if you can name the folks who pushed them.

Gracias
 
Bitcoin is not a pyramid scheme, though some people would claim it is.
 
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There was also a grass-fed protein powder MLM that was being promoted by some top people in the liberty movement. It was supposed to be used to help fund the liberty movement as a whole.

MLM are not technically all pyramid schemes, keep in mind.
 
Social Security?
The Federal Reserve Bank?

Oh, those are things that anyone with two partially functional brain cells can rub together to recognize as Total Ponzi. I am not aware of very many, but they will always exist. Now just get five people to mail me $100 bucks a month and the next level of of my multi level marketing will allow you to do the same! :P
 
DamianTV said:
Now just get five people to mail me $100 bucks a month and the next level of of my multi level marketing will allow you to do the same! :P
Click to expand...

Well the thing is if the MLM provides good products and services at a fair price, then they can actually be good things. Essentially, instead of paying television and billboards to advertise your product you pay customers to spread it via word of mouth. That is a service that is worth paying for by the company. New customers are always going to help pay the company's marketing budget and some companies can be successful that way.

It is when a company requires new members constantly in order to remain profitable and doesn't provide goods and services at a reasonable price so the products stop moving to end-customers...that is when it becomes clear it is a pyramid scheme.
 
Minarchism.
Intial Cryptocurrency runs before they mature...
Starting to think Free stating might be one...

There was also that plan to build a Ron Paul Pyramid in Vegas in 2008...
 
dannno said:
Well the thing is if the MLM provides good products and services at a fair price, then they can actually be good things. Essentially, instead of paying television and billboards to advertise your product you pay customers to spread it via word of mouth. That is a service that is worth paying for by the company. New customers are always going to help pay the company's marketing budget and some companies can be successful that way.

It is when a company requires new members constantly in order to remain profitable and doesn't provide goods and services at a reasonable price so the products stop moving to end-customers...that is when it becomes clear it is a pyramid scheme.
Click to expand...

He he he, that was kind of the point! I didnt offer anything, I just said "give me money" then get your friends to give me money too! Absolutely nothing in exchange for giving me money, not even a courtesy reach-around! How is that not just the bestest way to make money, evarr?
 
dannno said:
Bitcoin is not a pyramid scheme, though some people would claim it is.
Click to expand...

It's more of a pump-and-dump scheme, really. Just look at that price history:

https://www.coinbase.com/charts

I challenge you to find any non-scam investment, commodity, or currency with a similar price history. Arguing over what kind of scam it is, precisely, is quite moot.

Told you all way back in the day (before that first huge spike) that this was destined to end in tears, and here we are.
 
Your job:


images
 
dannno said:
Well the thing is if the MLM provides good products and services at a fair price, then they can actually be good things. Essentially, instead of paying television and billboards to advertise your product you pay customers to spread it via word of mouth. That is a service that is worth paying for by the company. New customers are always going to help pay the company's marketing budget and some companies can be successful that way.

It is when a company requires new members constantly in order to remain profitable and doesn't provide goods and services at a reasonable price so the products stop moving to end-customers...that is when it becomes clear it is a pyramid scheme.
Click to expand...



This.

And--government is one of the biggest pyramid schemes of all-time. They have also spread that notion among Americans with regulatory bodies. People in other countries conduct business through more informal networking. It's simply the word of mouth that economists, marketers, etc. consider to be the best form of advertising. A popular notion of Americans, for example, is if you don't have specific peer reviewed research backing you up, then you're a scammer.

A little off topic, but I once had a boss who never made a move without consulting research in sources like Harvard business journals. This management wanted me to read the literature to supervise better. I told them the research was ivory tower and not real world. I told them to use their head about leadership and stop being a dipshit. I got fired.
 
DamianTV said:
Now just get five people to mail me $100 bucks a month and the next level of of my multi level marketing will allow you to do the same! :P
Click to expand...

I was introduced to this pyramid scheme for the first time when working my second job in a grocery. The produce manager talked about a meeting he had that day. This pyramid group actually exchanged the money during their meetings. Wanted to get me involved. Duh.
 
thoughtomator said:
It's more of a pump-and-dump scheme, really. Just look at that price history:

https://www.coinbase.com/charts

I challenge you to find any non-scam investment, commodity, or currency with a similar price history. Arguing over what kind of scam it is, precisely, is quite moot.

Told you all way back in the day (before that first huge spike) that this was destined to end in tears, and here we are.
Click to expand...

There are plenty of markets out there that act like Bitcoin in terms of percentage moves and elliot waves, plus many other patterns. If you came to the presence thread you could learn about them all. Double-tops, double-bottoms, red dragons, etc.

I first started talking about Bitcoin here and telling ppl to take a chance when the price was $30. If the big spike you are referring to was April 2013, then you are still very much ahead.

Free market trading is not a scam. Markets breathe. They inhale and they exhale. Bag transferring is a better term. All markets are like this.
 
thoughtomator said:
It's more of a pump-and-dump scheme, really. Just look at that price history:

https://www.coinbase.com/charts

I challenge you to find any non-scam investment, commodity, or currency with a similar price history. Arguing over what kind of scam it is, precisely, is quite moot.

Told you all way back in the day (before that first huge spike) that this was destined to end in tears, and here we are.
Click to expand...
I was being told to get in when it was 30 dollars a coin.

Many others bought at dollars, or pennies per BTC.

Many others bought when it was eighty or a hundred.

When it goes below thirty I'll quit kicking myself that I didn't grab a couple just for the hell of it. Plus it does have some benefits, I suppose.
 
Isagenics felt sleazy to me.

Bitcoin seems more of a pump and dump than a pyramid.
 
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