this post was submitted on 22 Nov 2024
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800,000 people fell for that scam? Fuck me, that’s a lot of stupidity..
At 50$ a pop it's 40 000 000$ Grifters gonna grift ! Sometimes I hate that I have morals stopping me from exploiting those morons.
it's closer to 100k, and it's 50$/month so totals closer to 5M/month
It’s worse than you think; it’s $50/month!
Now part of the problem is we don’t know the average membership length, and it’s further complicated by the fact that the Tate brothers ran the ‘school’ like a pyramid scheme where enrolling another member earned you a kick-back (which is why so many random channels popped up a few years back sharing clips).
So pulling random numbers out of my arse, if the average membership period was ~6 months and they had ~30% operating expenses (servers, bandwidth, kickbacks etc.) they could have netted ~$168m from this scheme.
I too, share your self-loathing in my morals preventing me from exploiting these absolute morons.