Interesting Post: Facebook is a Ponzi Scheme

Joseph Perla has posted an interesting blog entry that compares Facebook to a Ponzi scheme.  While he confines himself to the realm of the advertising model, I have to agree with him.  Yes I have a Facebook account [no, I will most likely not friend you] and I almost always get my feeds from either Tweetdeck or Flipbook.  I can’t remember the last ad I saw, nor have I ever clicked an ad [most of the time they are quality of matchbook ads from my youth].

I don’t see much value in the advertising, but then again, I am an old man who never uses one any of the ‘apps’ that I have seen either.

Facebook will go the way of MySpace – and I can only hope that it goes sooner rather than later.

Post a comment

You may use the following HTML:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>