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by aspenmayer 280 days ago
What about folks who go on to be teachers? Sounds like a pyramid scheme with extra steps.
1 comments

It’s not a pyramid scheme because it’s ultimately grounded in real value: equities in companies, which themselves are grounded in revenue.

If someone becomes a teacher, they would earn equity in their own students’ personal tokens. When those teachers eventually realize gains by selling shares, their own teachers (as shareholders) share in that upside too.

And if the teaching doesn’t actually create value, then everyone in that chain loses, which keeps the system honest.

You just described a Ponzi scheme. You know that, right?

https://knowyourmeme.com/memes/theyre-the-same-picture