this post was submitted on 13 Jan 2026
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[–] FuckyWucky@hexbear.net 19 points 1 day ago* (last edited 1 day ago)

Other than such crypto tokens, there are HYIPs (basically pyramid/ponzi scheme, pyramid since some have mlm aspect to it).

There are people who buy into many of these at once knowing it's fraudulent hoping they get to be the winner before the whole thing falls apart. They hope one is enough to make up for losses of others.

It doesn't work ofc