• RoidingOldMan@lemmy.world
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    15 hours ago

    If it’s a pyramid scheme, Bernie Madoff made it past 40 years. Which is quite impressive. Usually these idiots blow through the cash with dumb YOLO type spending and end up crashing the pyramid even faster.

    This idiot literally watched The Wolf of Wall Street, and then went out to try to scam people. His ponzi scheme started the exact same year the movie came out. He only made it 6 years from forming his company to defaulting on payments (2013-2019). https://en.wikipedia.org/wiki/Zach_Avery

    Again, going with the thought experiment. If Tesla is a pyramid scheme, it likely happened around 2012. So in theory we’re at year 14. If he’s as smart as Bernie Madoff, this could last another 30 years.