WTF is a Penny Matrix ?
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22-11-2013, 01:01 AM (This post was last modified: 22-11-2013 01:07 AM by sporehux.)
WTF is a Penny Matrix ?
4 of my Theist friends have joined this scheme called https://www.facebook.com/PennyMatrixWPinoyRecruiters

They pay $7 a week and get back more than that in return per month, The whole thing is causing my skeptic brain areas to explode.

it has to be some Ponzi /pyramid scheme, they don't seem to sell any product
"e-Books" one of them claims, WTF ,my usually accurate skeptic Google search is coming up blank, or with false flag reviews.
http://www.youtube.com/watch?v=JfrOL-rqF18
http://www.youtube.com/watch?v=RTm7gUj2ma8


All I know is it must be unethical.
My argument to them was it was immoral, they disagree. If its not immoral then why does it offend me so much.
someone please explain it in a rational way. Is it what I think in that the last
70% pay all their money to the first 30%, so then its just redistribution of wealth ? how can it be legal ? or should stupid people deserve losing money
to the greedy unethical few on top of the matrix ? .





Theism is to believe what other people claim, Atheism is to ask "why should I".
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22-11-2013, 01:31 AM
RE: WTF is a Penny Matrix ?
It's probably not a scam but a hyped online marketing scheme or something, They say you'll earn thousands but you have to work your ass off to earn a few hundreds.

I wouldn't join any of those stuff unless I'm a very early adopter and the niche is really new, which is nearly impossible :/

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22-11-2013, 02:03 AM
RE: WTF is a Penny Matrix ?
It is a pyramid scheme. But it could also just be a scam to take your money.

You have two risks......1st is it is a scam and the people running the scam will just take your money and the money of the people you sign up without paying any commissions. 2nd, If it is not a scam it is inevitable that the bottom will fall out as there only a finite amount of people in the world. Somebody will lose money so you are gambling the scheme still has enough life in it that it still offers you a positive expectation.

I don't think the scheme is immoral in and of itself. What is immoral is misrepresenting the expected return.
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22-11-2013, 09:22 AM
RE: WTF is a Penny Matrix ?
It is a pyramid scheme, pure and simple. This is a scam.

Early participants will make money, the later participants will lose money.

It is unethical. And illegal.

Skepticism is not a position; it is an approach to claims.
Science is not a subject, but a method.
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22-11-2013, 09:31 AM
RE: WTF is a Penny Matrix ?
http://en.wikipedia.org/wiki/Chain_letter

For no matter how much I use these symbols, to describe symptoms of my existence.
You are your own emphasis.
So I say nothing.

-Bemore.
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22-11-2013, 09:34 AM (This post was last modified: 22-11-2013 09:46 AM by sporehux.)
RE: WTF is a Penny Matrix ?
Thanks for the info, my tard friend just update me that world vision have joined their matrix, like it somehow validates the legality of it.
I feel like im on planet crazy some times.

Found the Pyramid king http://www.youtube.com/watch?v=9-xcVVKG8b0

This fucker is using Christians in third world countries, in a an obscene way. you have to watch this. goto 3:15 he is claiming it will be jesus that will end world hunger.



Theism is to believe what other people claim, Atheism is to ask "why should I".
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22-11-2013, 09:39 AM
RE: WTF is a Penny Matrix ?
Go to that page and report it to Facebook as a scam.

Skepticism is not a position; it is an approach to claims.
Science is not a subject, but a method.
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22-11-2013, 09:55 AM
RE: WTF is a Penny Matrix ?
Maybe I will have more luck in getting him to admit this is a scam then ive had with
evolution debates.




Theism is to believe what other people claim, Atheism is to ask "why should I".
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