Dear Steemians, I think after doing alot of research and findings, I will like to share a thought about Ponzi, and it's relationship to poverty.
A Ponzi scheme is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities or profit of financial trading.
Ponzi promises poor investors mouth watering rewards after investment for sometimes, but at the end the scheme ends up collecting from the poor and leave them in a state worst than they met them.
After loosing thousands of dollars to Ponzi, I get to advice that any investment without a product is a fraudulent.
If it is too good to be true, it is too good to be real..........jpg)
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