double your money every 60 minutes

I need to preface what Im going to talk about with two things. First, when I was young, I received a number of letters from different companies saying I was almost a winner in their sweepstakes, or even better, that I had already won something. Without fail, I dutifully filled out the forms, pasted the stickers where they were supposed to be pasted and mailed every one of them in, anxiously awaiting my prize money.

I got nothin.

Now the second item.

Have you heard of the math problem teachers often use to help students learn about exponents? Here it is.

Which would result in more money? One million dollars or starting with one cent and having the amount from the previous day doubled each day for thirty days? (Two cents the second day, four cents the third day, etc) (via Math forum )

The answer is a cent a day doubled each day because you would end up with over 10 million dollars. (Note: If the length of time were changed to 26 days, youd be much better off taking the million dollars, because the cent-a-day-doubled plan would give you $671,087. Theres a whole lot of growth at the end).

Now that you know about those two things, heres what I want to talk about.

The folks at dblcash.com claim that if you give them a dollar, theyll give you back $2 in 60 minutes. No matter what the amount, they say youll get a 200% increase within an hour. A question in their FAQ (#4) asks, My calculations show that reinvesting my profit 12 times may turn my 50 bucks into half of (sic) million. Where is my mistake?

Their answer? Your calculations are [correct]. From now on, you can earn as much as you want.

Now, I dont know about you, but my first thought was, Great balls of fire! If I start with one dollar today, in 5 days I could be the richest man in the world!

A second later, I thought, Wait a minute. If they can make so much money so easily, why would they have a crappy web site asking for my money?

But the greedy voice returned. Maybe theyre stupid! Maybe you really can double your money. Just try it!

Again, the voice of reason chimed in. If you were to invest a single dollar in this scheme and do it for a 40-hour week, you would eclipse Bill Gates and become the richest person in the world on hour 4 of day 5. Does that sound realistic to you? (last I heard Bill Gates was worth a paltry 46 billion dollars ).

My greed continued, But youd be a trillionaire at the end of day 5! Just try it to see if it works.

The voice of reason finally submitted the clincher (and if everyone remembered this sage piece of advice, it would put the Nigerian Scammers out of business).

If it sounds too good to be true, it probably is.

In case you still want to try it, heres a projection of your earnings after five 8-hour days starting with one dollar.