I have often seen the Fibonacci sequence used as the means to get people to sign up to Ponzi schemes. I wonder why this is, does it lead credence to the scheme because it's a fancy name, or do people believe that since it is a mathematical series it could have some magical effect and make money?
The Fibonacci is beautiful it is just adding the last two numbers of the series- 0,1,1,2,3,5,8,13 etc., it was supposedly discovered by Leonardo Fibonacci in the 13th century, at least he pointed it out, and I know it has been thought of as golden ratio and is directly related to fractals. Of course I am no mathematician but have always been attracted for some reason to this sequence, I believe because of it we can learn many of the universe's secrets. I do believe the topic of the Fibonacci series deserves more space here at Steemit, but from knowledgeable people.
But I sure don't believe you are going to make money on a scheme where you put money in and it will start magically spitting out money to everyone who does this because of a mathematical sequence, this is where con men come in, and in a way I respect them, they have this unsettling amorality and they can actually take your money and you feel like they are doing you a favor. I would advise you not to put your money where the Fibonacci sequence is mentioned.