Post
Topic
Board Lending
Re: Bitcoin Savings and Trust is probably a Ponzi Scheme: A Petition
by
Micon
on 27/07/2012, 00:58:57 UTC
I believe, to the best of my knowledge, that given the absence of any public financial disclosure and an extremely high rate of return that the Bitcoin Savings and Trust is a Ponzi scheme.

I'd like to make this a forum-based petition of bitcointalk users who agree with this.  I don't want to do a poll, because I want people to commit their user name to this statement.

I'm interested in seeing how many people agree with me.   I'd prefer to have any debate over this issue in a separate thread.

My theory is that if you want to develop community, then you need to figure out who to trust and what is a scam.  Bitcoin has suffered from too many scams.

So if you agree, reply and say "I agree".



I agree / started my own thread pointing them all out

we must at least contain these ponzis outside the marketplace > lending category - it's making BTC look foolish