Just because the stakes are low doesn’t mean it’s not a pyramid scheme. You buy in, and then you recruit others to buy in by paying you. Pyramid.
Now, if it was a ping that said “send me a book and I’ll send you one back!” That would be a fun way to do a book exchange. But it’s not, there’s no reciprocation.
NoSpiritAnimal@lemmy.world 7 months ago
It’s a pyramid scheme that doesn’t appear to involve money.
An MLM for books would be charging for the books and an enrollment fee. Typically in a pyramid scheme the buy-in is the fee and nothing ever comes back to the enrollee that isn’t enrollment fees from others.
In this case the books are the enrollment fee.