Many Nigerians that have participated in any Ponzi scheme would give different arguments for and against ponzi schemes. What has your experience been like? Do you think a way should be devised for legitimate ponzi to exist? or should they be scrapped entirely?

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In Ponzi there is always a looser. So invest wisely cus no ponzi or HYIP lasts forever.

What comes with ponzi,goes with ponzi,believe me I know. When MMM crashed,we took the massive guilders' bonus as an excuse,now GHW also crashed or froze or restarted whatever,who will be blamed for that despite their strict laws and no guilders .
A ponzi scheme is a ponzi scheme, no matter how good it looks,it will also crash or have to restart

thats true.. what about the theory that if eeryone keeps participating, no one would loose at the end? or fewer would loose.