I consider that HYIP is just a financial service or tool. It's something like a game — get-rich-quick or forget-rich-quick, where stupid and greedy persons pay for their folly.
I want to clarify the term 'financial service,' as I understand it. There are insurance companies, casinos, funds, ICOs, which work on the same principle as a HYIP.
There is a common pool of money, which are distributed according to certain rules. With regard to a HYIP, the funds are distributed according to the rules (or desire) of the developers' team.
In short, a HYIP is a type of financial gambling, where a creator (admin) is in advance known winner, who, however, provides investors with opportunity to make good money, if they invest wisely, without unnecessary risk, and armed with knowledge from
our blog.