The gaucho theory is a proposed answer to one of the middle phases in the phase series profit scenario. It states Phase X is 'Create internet meme' where X is an integer greater than one but less than the last value in the phase series.
Originally discovered on the popular news site Reddit.com.
The Gaucho Theory Discovered
"Well, it's finally clear:
1. Draw Picture of 7-legged spider
2. Attempt to use it as payment for scam
3. Create internet meme
"Holy Shit, you found out what the ??? has always been!"