A Ponzi scheme is a fraudulent investment strategy in which organizers transfer the funds of recent investors to pay ""profits"" to the earlier investors. The scheme will collapse when all the investors try to withdraw their money at the same time. The driving force is individual and collective deception.

 

Source: Northerner Will, https://youtu.be/rsODXzq-DPo?si=yXXHROgbhaP2zgLc
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