Just For Thinking ...
Read? Is life sometime cruel to the innocent (naive, kiasi) when come to investment?
Did these investment idea or scheme started off by the founders as Ponzi???
Don't think so.
It is more like the founders smelling the blood of more and more naive and kiasu investors seeing how earlier investors boosting of their high return from their investment.
Late comers become kiasu and jump in???
This investment scheme then evolves into Ponzi???
Then blame who???
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