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100 years ago, Charles Ponzi discovered the psychological trick that makes smart people do stupid things with money.

100 years ago, Charles Ponzi discovered the psychological trick that makes smart people do stupid things with money. Today, scammers still use his exact playbook to steal billions. Here's the dangerous psychology behind every "get rich quick" scheme: 🧵

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100 years ago, Charles Ponzi discovered the psychological trick that makes smart people do stupid things with money.
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100 years ago, Charles Ponzi discovered the psychological trick that makes smart people do stupid things with money. Today, scammers still use his exact playbook to steal billions. Here's the dangerous psychology behind every "get rich quick" scheme: 🧵
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