Money Pyramid Scheme Cash App. Financial accounts are created, profit statements. This latest one, also compared to a pyramid scheme is called the blessing loom or “blessing bank” and it is designed to play on the trusting nature of people to donate money and expect a. This is similar to the “ secret sister ” pyramid scheme that makes its rounds during the holidays.
# we can say cash app wheel is a pyramid scheme because it doesn’t have any real source of income to pay $800 to its users on. But that’s not how pyramid schemes work.
But that’s not how pyramid schemes work.
A pyramid scheme is psychological; In the late 1980s, something called the “airplane game” started popping up around the country in places like oklahoma, miami, tampa, rochester, los angeles, and others. This is similar to the “ secret sister ” pyramid scheme that makes its rounds during the holidays. Pyramid scheme companies have been around for decades, maybe even centuries.people have found ways to exploit others through clever means, and pyramid schemes are no less.