Quotessence
Home / Topics / Pyramid Scheme Quotes

Pyramid Scheme Quotes

Browse 7 quotes about Pyramid Scheme.

Pyramid Scheme Quotes

“According to technologist David Rosenthal, speculation on cryptocurrencies is the engine that drives Web3—that it can’t work without it. “[A] permissionless blockchain requires a cryptocurrency to function, and this cryptocurrency requires speculation to function,” he said in a talk at Stanford in early 2022.4 Basically, he’s describing a pyramid scheme: Blockchains need to give people something in exchange for volunteering computing power, and cryptocurrencies fill that role—but the system works only if other people are willing to buy them believing that they’ll be worth more in the future. Stephen Diehl, a technologist and vocal critic of Web3, floridly dismissed blockchain as “a one-trick pony whose only application is creating censorship-resistant crypto investment schemes, an invention whose negative externalities and capacity for harm vastly outweigh any possible uses.”

InternetEconomicsCryptoCryptocurrencyInvestment PsychologyPyramid Scheme
Book:Web3: The Insights You Need from Harvard Business Review
Create image

“A job is the ultimate pyramid scheme.”

JobsWorkUltimateJobAuthor QuotesPyramidsWorkingFamous QuotesWork QuotesKen PoirotKen Poirot QuoteKen Poirot QuotesAuthor Ken PoirotJob QuotesFamous QuoteAuthor QuoteAuthor Ken Poirot QuotesAuthor Ken Poirot QuoteFamous Author QuotesSchemeJobs QuotesPyramid SchemesPyramidFamous Author QuoteWorking QuotesPyramid SchemePyramids QuotesWork QuoteJob QuoteWorking QuoteJobs QuotePyramid QuotePyramid QuotesPyramid Scheme QuotePyramid Scheme QuotesPyramid Schemes QuotePyramid Schemes QuotesPyramids QuoteScheme QuoteScheme QuotesUltimate Pyramid SchemeUltimate Pyramid Scheme QuoteUltimate Pyramid Scheme QuotesUltimate QuoteUltimate Quotes
Author:Ken Poirot
Create image

“Her reaction had not been unusual. Anti-natalism—the idea that humans should not breed—was not a popular view. Not even amongst most green freaks. This despite the fact that all the troubles that existed in the world existed solely because of human beings. Despite the obviousness of this idea, admitting this to the average person was like confessing to a murder. Even in a post-apocalyptic wasteland where all that existed was misery and squalor, humans, in their never-ending capacity for delirium, would without a doubt still continue bringing new people into this world instead of realizing that doing so was both cruel and insane. That was how strongly the delusion that life was good was embedded into us. It had to be since otherwise there wouldn’t be any humans around. Life was like a pyramid scheme that had to be constantly shoved down the throats of new victims in order to keep the scam going.”

LifePessimismDeliriumAntinatalismPyramid Scheme
Book:The Nihilist
Create image

“I silently absorb the statement. He's not the first person to call me an idiot. In fact, he's one of many. I guess I just have one of those faces, y'know? But in an age of cynicism, I choose to live with my senses open to the universe. Okay, yes, I did obliterate my trust fund on an MLM - well, technically, more than one - but that's a small price to pay for a universe of possibility.”

MlmPyramid Scheme
Book:Monsters in a Mirror: Strange Tales from the Chapel Perilous
Create image