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poorme
August 6th, 2003, 06:42 PM
Is it moral for the early matrix customers and the matrix owner to take the money from late coming customers to buy themselves gifts esp. when those late customers knew the site from those early customers' advertisement.




I hate Ponzi scheme

concerned
August 6th, 2003, 06:47 PM
No, it's not moral, but that won't stop them. Most of these sites started by the owner and/or friends placing themselves first in line. That is where the immoral issue stands, but like I said, it won't stop them.

hurley9192
August 6th, 2003, 06:56 PM
it probably isn't morally correct, but if someone knows whats going on and still pays in and were totally informed of their decision, then they can throw away their money.

That's also based on the whole legality issue.

poorme
August 6th, 2003, 06:59 PM
The customers are lured into the matrix world. They get blind easily.

matrixfriendly
August 6th, 2003, 10:44 PM
Originally posted by poorme
The customers are lured into the matrix world. They get blind easily.

If the customers would take a minute to look at what they were buying, we would not be having this conversation. No, it is not immoral. We actually should not even be having this conversation now, but we are. The customers bought the product that was offered on the site (ebook, jewelry, bottled air or whatever) and that is all they are guaranteed. Whether or not even one gift was given out should not be an issue. The gift is not guaranteed. If a matrix site guarantee's a free gift they are frauds.

mjkski
August 7th, 2003, 12:38 AM
Please. What...... we can't go to a store and buy that junk for $1 or get it free on the web- no it's so much better to pay $150-$200 for a one dollar item. If that's the case maybe I should start selling those items on the web with a mark-up like that. Wow-what a profit margin! Why don't more people do that? :rolleyes:

But hey as long as a few people make out who cares about the thousands that didn't right? I am sure there are many people who really don't see the system right away or bother to do the math. I don't think most people really want to spend hundreds or thousands of dollars for junk. We all know the real reasons that junk is there and what purpose it really serves.

matrixfriendly
August 7th, 2003, 12:45 AM
The site cannot be held liable for the customers intent nor can they vouch for the customers mental thought at the time of purchase. As long as the site is clear about all details, it is in the customers ballpark then.

poorme
September 7th, 2003, 11:14 PM
As long as the site is clear about all details, it is in the customers ballpark then.

What a Ponzi scheme!!!

beentaken
September 8th, 2003, 01:49 AM
matrix friendly, i don't mean to be offensive in any way, but i think you are confusing what is legal and what is moral. i don't mean 'moral' based on any religious tradition either. we all have an inherent 'social guidance system' called 'a conscience' in english, many other things in many other languages and cultures. despite the fact that the internet has provided a new forum for the ponzi type business formula (with some twists of course), and that this phenomenon enables people to do it in a novel way that gets around current laws governing ponzi schemes and lotteries, essentialy making it 'legal because they are buying ebooks and the matrix cycle gift is free', you know, i know, WE ALL KNOW, that hte reason people sign up is for the items promised when cycled. you really should take some time and ponder this deeply. it is certainly not as simple nor as easily dismissed an issue as you present it. this is avery old formula for making money by getting small amounts from a large group of people, probably as old as the idea of money itself. there were no doubt such schemes in ancient china, greece, rome, mesopatamia. there was gambling, lottery, loan sharks, co-ops, most likely other schemes we are no longer aware of. some matrix site owners have good intentions and don't realize the complexity of what they are getting into. some start out knowing full well what it is and how it will turn out. think deeply about how this al works and ask yourself, WHY are people buying the ebooks and other semi-usefull or useless things they purchase at matrix sites, do they want those things, or are they putting ridiculous amounts of money in for those things, sometimes thousands, over and over and over, for something else. what is it? the promise of a big payoff. most sites now offer a cash payout, that's why many pay many times over for the same ebooks-etc., they want that somthing for almost nothing. have you looked at the lists of people who sign up on matrix sites? how many names do you see that are obviously immigrants? look over just ezexpos lists. most are people from other countries who are here trying to make a new life, looking for that fast american buck, many not fully aware of what they are getting into. it's about HOPE and GREED. usually both matrix sites capitalize on these feelings by promising something really good and really BIG and VALUABLE for just a small piece of your little pie. The fat reward is not just implied, it's THE REASON matrix site flourish, e-books/****e-books, that's not what people are buying in for and that's not what thier hopes and hundreds are resting on. you know this, i know this, we all know this. the fact that it is, may be , or was legal (or grey area) to enter a list for an expensive free gift, a list that will grow exponentialy, a list that uses the money of those at the bottom to pay off those at the top untill it grows so large that it slows to the point that it will take years to cycle and overwhelms the administrator to the point that they can no longer feasably operate it, is it ok to do this? does everyone who signs up understand it completely? do the people who hastily buld these sites with dollar signes in thier eyes understand it completely? do you? don't confuse legal, or even 'permisable' with moral. your avatar seems to present an image of enlightenment, try to be more enlightened and truly aware of the world around you. think deeply, ponder, examine. thousands of people losing money they need to live on because of someone presenting a false hope cannot be justified with such smug reasoning as "they knew what they were getting into"
not to mention, things like this, if grown too large, eventually affect the overall economy as people lose confidence and stop trusting payment systems, internet businesses, or just don't have money to spend because of all that they lost. i could go on and on. i hope my words are not wasted.
best regards,
bt