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TJamMoneyMan
Forums Member
Joined: 11 Nov 2007
Posts: 906
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#21 · Posted: 13 Oct 2009 15:44 · Edited by: TJamMoneyMan
BobFirestone: If you are right and I am wrong explain exactly why the cash gifting program(s) you are promoting are not pyramid schemes
What I am promoting, EzyCashGifting, and many other CG models are not pyramid structures because there is no one person, or persons, on top, receiving payouts from people below them.
You only get payouts from those who you directly sponsor.
No one else.
No one below your direct referrals will give you ANYTHING unless your own direct referral does not upgrade to your level (or higher) in the case of EzyCashGifting's plan anyway.
ONE person at the top, with an ever growing base below that ONE person, is what makes for a pyramid structure.
Along with each person trying to establish their own pyramid within/under that same structure.
Pyramids grow geometrically which is what makes them so effective.
And troublesome, if not unethical or illegal.
Do the math on a pyramid structure and you will see how eventually, there is a need for billions and billions of people to join, in order for the people on the lower levels to reap the same rewards.
And even if you can pyramid down to billions of people, who are THEY going to put in their pyramid?
It's easy to see that very quickly, you simply run out of people, on earth anyway, for the bottom members to have their own pyramid.
A pyramid structure is also not illegal in and of itself.
There have to be certain things going on for a pyramid structure to be illegal.
Mainly, there has to be a product involved, and the person has to make a certain percentage from the sale of that product in order for it NOT to be an illegal pyramid.
It's all spelled out on many websites that do a good job of explaining what a pyramid structure is, and when/why it's illegal.
That's why you, those who are making the same misleading posts, and those who will honestly admit that they just don't know, need to INVESTIGATE!
Just do your own research, and think for yourself.
There are many CG plans out there.
The newer, better, revised ones, have taken the time to structure/restructure themselves into a legal and ethical model.
They too have done the research, and have set up LEGAL cash gifting plans in response.
Once they are so properly structured, I personally don't think they can even be accurately called 'cash gifting' anymore.
But that is their basic business model, and what they have come to be known as.
Just don't be foolish enough to think that all cash gifting plans are illegal pyramids.
That's simply not the case.
And I don't claim that MI's attorney general is wrong.
You are just misusing his statements.
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BobFirestone
Forums Member
Joined: 1 Jul 2009
Posts: 144
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#22 · Posted: 13 Oct 2009 16:37
Let me get this straight...
You pay the $5 to join as a level 1.
For you to make your money back and make a profit you need to get 2 people to come in at $5 each.
Is this correct?
Lets say for example you have a 3 people come in at the $5 level one on top of the other. Then a 4th person comes in for $1000 the top level. The money rolls up line until it hits someone who is a "level 8".
Is this correct?
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Newbie Shield
Joined: 22 Sep 2007
Posts: 2231
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#23 · Posted: 13 Oct 2009 17:10
TJam,
Cash gifting is definitely illegal. Oftentimes it's largely synonymous with "pyramid".
Sure, it's profitable. But profitable and legal aren't always synonymous.
If there was no money in it, would you argue so strongly?
Not that I don't with you the best. I certainly do 
You might respond to bob. He did make some good points.
~Newbie Shield~
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TJamMoneyMan
Forums Member
Joined: 11 Nov 2007
Posts: 906
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#24 · Posted: 13 Oct 2009 20:12 · Edited by: TJamMoneyMan
Newbie Shield: Cash gifting is definitely illegal. Oftentimes it's largely synonymous with "pyramid".
Sigh... are we back at 'cash gifting = pyramid?"
Newbie Shield, I just KNOW you know better!!
And I know you don't need to be told to 'do your research'!
So I would expect, since you say 'cash gifting is definitely illegal', that you could give me even ONE example of someone, tried and convicted, solely for the 'crime' of cash gifting.
(NOT pyramids, tax evasion, theft by deception etc.)
Can you?
Didn't think so!
So let's stop with the 'cash gifting is definitely illegal' myth/sound bite, ok?
Newbie Shield: If there was no money in it, would you argue so strongly?
I don't know what, "if there was no money in it", has to do with anything but if you knew me, you'd know I'd argue indefinitely, on just about any topic!
(I think my WAHF posts will bear this out!)
But aren't we are all here at WAHF, basically arguing about (but hopefully discussing) what makes money, and what doesn't, among other things?
Bob is mistaken about EzyCashGifting but I'll address his points:
BobFirestone: You pay the $5 to join as a level 1. For you to make your money back and make a profit you need to get 2 people to come in at $5 each. Is this correct?
Yes, but that depends on what it 'costs' you in time and money to get those referrals.
Your call on what your time is worth, but we all know it takes time, energy, and money (even if only for a computer, internet access, and your morning cup of whatever) to get referrals.
But you make a very useful observation - the next level up from $5 gifting is $10, so a wise gifter would simply use two of those three $5 gifts to pay for the next ($10) level.
Basically this is how ECG works, two gifts will pay for the next gifting level (in two cases it takes 2.5 gifts!).
As you move up the gifting chain, you can still get gifts on the lower levels - but from your direct referrals ONLY!
So the $10 gifter can still receive $5 gifts, but now $10 gifts as well.
BUT, if one of his DIRECT REFERRALS wants to go above the $10 level - to the $25 gifting level, that $10 sponsoring gifter of that referralee, will have to make, or have already made, a $25 gift to HIS sponsor. Otherwise, THAT gifter's DIRECT sponsor, will get the $25 gift.
All of which explains your next point:
BobFirestone: Lets say for example you have a 3 people come in at the $5 level one on top of the other. Then a 4th person comes in for $1000 the top level. The money rolls up line until it hits someone who is a "level 8". Is this correct?
Here's where methinks you have not investigated the EzyCashGifts website.
1) No people can come in 'on top of the other'. EVERYONE pays $5 to get to the first level. And they MUST make gift payouts at each level, on up through the top - the $1000 level (level 8). NO ONE can come in "for $1000 at the top level". And the money definitely does NOT 'roll upline until it hits someone...'
2)AGAIN, EzyCashGifts is not a pyramid structure. Whoever you refer pays YOU, and no one else $5. The rest of the levels cost about double going from $10 up to $1000. You have to make a gift at each level, to your direct sponsor and no one else.
The only time it can 'roll upline' is if you, the direct sponsor, has not gifted at a particular level. And that is only ONE level above it will go - to YOUR direct sponsor.
AND, you get plenty of time/notice, that your referral is going to upgrade, so you know you need to gift at the next level, in order to get that gift (which would otherwise go up one level, or until it reaches a person in the upline who is qualified to receive gifts at that level).
In short, if you gift, one time, at each level, you and ONLY you, will receive gifts at each level, from your direct referrals only. You get NOTHING from ANYONE at levels below your direct referral. Your referral gets everything from his referrals, and those referrals get the same deal.
NO PYRAMID HERE!!!
straight enuf?
And I wish you guys all the best as well!
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Newbie Shield
Joined: 22 Sep 2007
Posts: 2231
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#25 · Posted: 14 Oct 2009 09:44
Hi TJam,
Lol, didn't mean to upset you - you're a nice guy.
It is often set up with referrals and bonus levels. That's why I'm saying that it's largely synonymous with a pyramid scheme.
Last I checked the official stance of the Government (I.R.S. I think) it was illegal - though I do see the difference in your own explanation. I won't argue whether or not your explanation makes it legal or not. It's not my cup of tea and I know very little about it.
TJamMoneyMan: I don't know what, "if there was no money in it", has to do with anything but if you knew me, you'd know I'd argue indefinitely, on just about any topic!
Lol, but you do it in an interesting and socially acceptable way. I enjoy it coming from you when you do. You seem to be quite diplomatic and would make a great face-to-face salesman.
Interesting reply to Bob, thanx.
~Newbie Shield~
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TJamMoneyMan
Forums Member
Joined: 11 Nov 2007
Posts: 906
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#26 · Posted: 14 Oct 2009 10:25 · Edited by: TJamMoneyMan
Newbie Shield: Lol, didn't mean to upset you - you're a nice guy.
Definitely not upset!
But I can see where it might appear that way.
One thing I have learned here at WAHF, it that you have to be careful how you word things in text. It's easy to give the wrong impression - especially when there's a difference of opinion.
I hope folx can understand, and bear with my BS when I get on a rant/rave.
I'm still learning after all!
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Newbie Shield
Joined: 22 Sep 2007
Posts: 2231
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#27 · Posted: 15 Oct 2009 10:18
Hi TJam,
I like your rants. You're tactful so have no worries.
~Newbie Shield~
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