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10 Reasons Why Money Ponzi Scheme “MMM” Will Never Crash In Nigeria - Business - Nairaland

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10 Reasons Why Money Ponzi Scheme “MMM” Will Never Crash In Nigeria by Giannakopoulos(f): 8:32am On Nov 23, 2016
10 Reasons
1. MMM is an innovative and experimental platform where people donate money directly to each other.
2. There are no investors and no investments in MMM. Money is not invested in any asset. Money is donated to the other person. As MMM members donate money, there are no guarantees that people will be donated back. Everything depends on the members themselves: they develop the community making it sustainable and creating a permanent process of the exchange of donations.
3. MMM members are rewarded with Mavro after they donate help to other members of the Community.
4. 30% per month is not an interest rate, but an expected growth rate of Mavro. Growth rate of Mavro and its amount can be adjusted at any moment for the benefit of the community.
5. Mavro is like scores or grades in colleges. Where do grades come from? Is it possible for grades to be out of stock? Grades are taken from nowhere. Students get grades according to their performance. This is the same with Mavros. Mavro is an evaluation of the contribution made by a participant for the development of the Community.
6. MMM is a self-adjusting Community. The algorithms of matching senders and receivers and algorithms of Mavro reward constantly get adjusted and improved.
7. MMM cannot crash because it cannot pay its members. This is due to the fact that MMM is not a corporation involved in financial transactions, MMM just connects senders and receivers.
8. The main factor in the MMM Community is its members’ behaviour. The aim of MMM is not to make people rich, but to change their mindset, to encourage people to share what they have with others. Members should not treat MMM as a money making scheme.
9. MMM members can choose the time when they provide and get help. Usually members follow the principle: donate when you have spare money and ask for money when you need to buy something for your family. MMM wants to increase the velocity of money. No need to keep money: share it with others.
10. MMM wants to emphasise the importance of work and productive labour. You should work not because you get paid for that (working just for money is something like selling your soul or body). People should work consciously and deliberately for their personal and public benefit.

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Re: 10 Reasons Why Money Ponzi Scheme “MMM” Will Never Crash In Nigeria by yaqq: 8:44am On Nov 23, 2016
Mmm can never crash...... The thing that could crash Mmm is only when the site get hacked.......... Now you pay directly to the beneficiaries not Mmm paying

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Re: 10 Reasons Why Money Ponzi Scheme “MMM” Will Never Crash In Nigeria by fuckpro: 10:08am On Nov 23, 2016
LONG LIVE THE FEDERAL REPUBLIC OF MMM

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Re: 10 Reasons Why Money Ponzi Scheme “MMM” Will Never Crash In Nigeria by Justdare: 7:59am On May 13, 2017
grin grin cheesy cheesy cheesy grin cheesy grin cheesy grin cheesy grin cheesy
Just happened on your thread and couldn't stop laughing.
I trust your opinion's changed.
There are no self sustaining pyramid scheme.

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Re: 10 Reasons Why Money Ponzi Scheme “MMM” Will Never Crash In Nigeria by gbegemaster(m): 7:59am On May 13, 2017
OP it's too early for this nonsense. MMM is dead. Everyone I know that participated in MMM still have their money lost to it.

2016 Mavro is frozen. Guiders are quitting upandan after milking people and starting their own platform. Something that crashed a long time ago and you are here writing nonsense. Don't provoke me this morning please.

***modified***
Oh na old post sef. Mschew. Sorry. Nor vex. kiss

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