An insider has given compelling reasons why the money ponzi scheme ‘MMM’ will not crash in Nigeria.
In this article, a member of MMM Nigeria has given 10 reasons why the money ponzi scheme will not crash in Nigeria.
1. MMM is an innovative and experimental platform where people donate money directly to each other.
2. There are no investors and no investments in MMM. Money is not
invested in any asset. Money is donated to the other person. As MMM
members donate money, there are no guarantees that people will be
donated back. Everything depends on the members themselves: they develop
the community making it sustainable and creating a permanent process of
the exchange of donations.
3. MMM members are rewarded with Mavro after they donate help to other members of the Community.
4. 30% per month is not an interest rate, but an expected growth rate
of Mavro. Growth rate of Mavro and its amount can be adjusted at any
moment for the benefit of the community.
5. Mavro is like scores or grades in colleges. Where do grades come
from? Is it possible for grades to be out of stock? Grades are taken
from nowhere. Students get grades according to their performance. This
is the same with Mavros. Mavro is an evaluation of the contribution made
by a participant for the development of the Community.
6. MMM is a self-adjusting Community. The algorithms of matching
senders and receivers and algorithms of Mavro reward constantly get
adjusted and improved.
7. MMM cannot crash because it cannot pay its members. This is due to
the fact that MMM is not a corporation involved in financial
transactions, MMM just connects senders and receivers.
8. The main factor in the MMM Community is its members’ behaviour.
The aim of MMM is not to make people rich, but to change their mindset,
to encourage people to share what they have with others. Members should
not treat MMM as a money making scheme.
9. MMM members can choose the time when they provide and get help.
Usually members follow the principle: donate when you have spare money
and ask for money when you need to buy something for your family. MMM
wants to increase the velocity of money. No need to keep money: share it
with others.
10. MMM wants to emphasise the importance of work and productive
labour. You should work not because you get paid for that (working just
for money is something like selling your soul or body). People should
work consciously and deliberately for their personal and public benefit.
Tuesday 22 November 2016
Subscribe to:
Post Comments (Atom)
My Decision To Close Land Borders Was Appreciated By Nigerians — Buhari
President Muhammadu Buhari says he closed the country’s land borders to encourage Nigerians to produce food for their consumption. He said a...
-
A Comedy skit was released by ibadan based first dance drama ministry known as the Christ Chosen Dance Drama (ALFA SULE) in a visit to Sou...
-
Justice Ibrahim Saulawa of the Appeal court in Abuja has ordered the reinstatement of Eyitayo Jegede as the rightful candidate of PDP in th...
No comments:
Post a Comment