Results 1 ... 18 found in asciilifeform for 'mavrodi'
phf: one could e.g. make study of pyramids, identify their various inflection points, and then perhaps have a clearer idea, but maybe not. structured instrument pyramids are a lot more structured than "one mavrodi one mmm", can put further constraints on the process.
asciilifeform: ( there's lulzprecedent, e.g. mavrodi blamed ru gov for 'destroying mmm' by prosecuting him )
dulapbot: Logged on 2021-08-11 10:33:42 punkman: " Mavrodi launched another pyramid scheme called MMM-2011, asking investors to buy so-called Mavro currency units. He frankly described it as a pyramid, adding "It is a naked scheme, nothing more ... People interact with each other and give each other money. For no reason!""
asciilifeform: ( similar to e.g. mavrodi's series )
asciilifeform: ( observe that even 'very successful' ponzi artists generally don't end well -- ponzi himself, mavrodi, even mp, i'm not aware of even one who 'lived happily ever after' )
asciilifeform: http://logs.nosuchlabs.com/log/asciilifeform/2021-10-10#1061020 << not champ btw. mavrodi outclassed by order of magnitude.
dulapbot: Logged on 2021-08-11 10:33:42 punkman: " Mavrodi launched another pyramid scheme called MMM-2011, asking investors to buy so-called Mavro currency units. He frankly described it as a pyramid, adding "It is a naked scheme, nothing more ... People interact with each other and give each other money. For no reason!""
asciilifeform: mp worked like this -- bags of cash. suitcases. like mavrodi. ( and when he wanted to so much as top off a hosting acct, had to 'get by with a little help from his friends', get someone to use a reichbank . sometimes asciilifeform even. )
asciilifeform: but mpex easily could've been, being pyramid in the style of mavrodi's MMM.
dulapbot: Logged on 2020-05-05 19:32:50 asciilifeform: sergey mavrodi of 'mmm' was at 1 pt richest man in orcistan. and even sat in parliament. still died broke and folx came to shit on his grave.
asciilifeform: incidentally mavrodi's 'prison talks' are a++. afaik not translated to any other langs yet tho.
punkman: " Mavrodi launched another pyramid scheme called MMM-2011, asking investors to buy so-called Mavro currency units. He frankly described it as a pyramid, adding "It is a naked scheme, nothing more ... People interact with each other and give each other money. For no reason!""
asciilifeform: punkman: mavrodi croaked in '18
asciilifeform: ( to his credit, mp was moar sophisticated then mavrodi, did not ~promise~ growth.. )
asciilifeform: (or even his own proprietary shitcoin, why not, if mavrodi can do it why not musk)
asciilifeform: verisimilitude: e.g.
asciilifeform: sergey mavrodi of 'mmm' was at 1 pt richest man in orcistan. and even sat in parliament. still died broke and folx came to shit on his grave.