Olabode5's Posts
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If you don't understand something take time to study if you must criticise. Don't just condemn something with bias and not with facts. MMM is not the regular multi-level marketing scheme where if you join and don't refer 3 or 5 people (as applies) your money gets stuck. MMM does not have a pool where people deposit to and from where profits are paid to members. That is a system you can call a ponzi scheme that will eventually crash and the fund managers will disapper with the funds collected. MMM does not mandate you to refer other people before you receive your fund with 30% profit. MMM is a community of people helping EACH OTHER to grow their funds. The people you Provide help to and that Give help to you in MMM are not even known to you. The MMM is automated. The system pairs Help providers with Help Receivers and the fund is tranferred directly to personal bank accounts of the participants. MMM cannot crash as long as the Community of Help Givers and Help Receivers exists. Any bank in Nigeria will crash in 30 minutes if all depositors come to ask for their money at the same time. In MMM, there is noting like old or new members. Everybody is a member! So there's nothing like old members are being paid by the money from new members!!!! Let's stop spewing false assumptions based on what we think. MMM is a system that regulates the community of fund raisers! It is not a scheme! There is no investment from where people are being paid!! |
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