Originally Posted by
Oblaaspop
If any of you have HARD factual evidence that Exential is a DEFINATELY a ponzi, please share.
Generally when investing, I'm looking for HARD factual evidence that something is DEFINITELY NOT a ponzi scheme.
Because this position is so common (in turn because most people actually want to get their money back one day), legitimate investments, even high risk high return ones, have various protections built in to demonstrate they are legitimate. Have you heard the term "Due diligence"?
Hence the general rule of thumb, that "if it looks like a ponzi and it smells like a ponzi, there's a very high chance that it is a ponzi", and the entirely reasonable onus upon investment schemes to demonstrate they are not ponzis.
But hey, if you feel there is some small chance that it isn't, feel free to borrow as much as you can and hand everything you can get your hands on over to them.