Post
Topic
Board Lending
Re: Bryan Micon's List of BTC Ponzi Schemes that should not be listed as "Lending"
by
Kluge
on 31/07/2012, 04:24:04 UTC
3) I know exactly what he is doing, how he does it and why.  It is not a ponzi. It is a a legit business taking advantage of a rare economic opportunity that was just explained to you better and more detail than I have seen anywhere else.
Then why aren't YOU doing it?
Someone drops a business opportunity in your lap that pays >3000% APR and you're NOT already a competitor?
Pirate's business model is known by some, but I don't think anyone but those intimately involved in operating BS&T have any knowledge of who the contacts are.