X-Message-Number: 22903
Date: Fri, 21 Nov 2003 11:37:29 -0800
Subject: Re: CryoNet #22891 - #22894
From: Kennita Watson <>

On Friday, Nov 21, 2003, at 02:00 US/Pacific, CryoNet wrote:

> From: RANDY WICKER <>
> Subject: Ponzi Game?
> ...
> I am not being cynical accusatory nor negative here.  However, despite 
> the idealistic good intentions of those involved, it seems to me that 
> all cryonics organizations are essentially what are sometimes 
> described as  Ponzi games  in financial circles.
> ...
> However, if it takes longer than many suspect 100 years, 200 years, 
> 1000 years before such revival is possible, these organizations depend 
> on an ever expanding membership to keep their forbearers preserved.
>
> Do the math yourself.  Regardless of the amount paid, what is the cost 
> of storage per person per year?  And how many years will the paid fee 
> cover before more financing is necessary?
>
> The concept of succeeding generations working to revive generations 
> lost is both heroic and romantic.  However, the numbers look like we 
> might be embarking on a great Ponzi game.
>
You forget that technology constantly improves.  I fully
expect advances such as more efficient dewars and cheaper
liquid nitrogen production to extend this, not to mention
pre-reanimation nanotech and biotech.

Besides, doesn't Alcor invest part of each member's
payment in conservative instruments that pay more than
inflation, so as to keep up with that member's preservation
costs?

Kennita

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