RE: Do you really learn from experience?
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That is the problem we all have as Nigerians. There are some people who have been involved in these kind of ponnzi scheme in the past like the MMM, and they still fall victim to this Cbex. Honestly, i heard that some people actually cashed out a lot of money from it, but then some are just driven by greed that they eventually lost all the money they had. Some people even went as far using their savings or borrowing money just to invest. I have never fallen for these kind of things before because it is just hard for me to believe in them with the little money that i am still managing. But i am not a saint either, i probably would have put in some money if I knew about it before people lost their money. Anyways,thanks to those friends who knew about it but didn't share any updates 😅😅.
People in general, yes. We do interestingly unwise things.
The moment someone says, "And your money will be increasing," you can ask "So what exactly happens with my money." They likely don't know either. If you tell me they're using it to rear goats, that's something, but doesn't mean much still.