Forsage and Herbalife—How Multi-Level Marketing, Pyramid Schemes, and Ponzi Schemes Differ
Money For the Rest of Us
00:00
Forsage Smart Contracts - Can They Be Shut Down?
When an investor purchased slot, a portion of that investment was directed to the persons who recruited the investor. Forsage can't shut down because it is a smart contract on the etherean block chain and on several other block chains. They could force them to shut down the web site. But because this panse sche this pyramid scheme, is set up on the block chain as a smart contract, as far as i can see, it can't be shut down. Maybe it can. We'll see.
Transcript
Play full episode
