Post
Topic
Board Investor-based games
Re: iz-nop.com | 100% Automated | 130% Return | Chat | 10+ BTC paid out. | 4+ months
by
supermoney
on 27/12/2015, 13:31:10 UTC
I want to invest.

why would u want to send your money to a SCAM that was even called itself PONZI ? Huh

Your ignorance makes me pissed off, and obviously I have no words to describe your ignorance.
Ponzi schemes are illegal when hidden behind, fake, investments in order to deceive potential investors. But when it's stated (and visible to all), paying and not using words such as "investment" then it's legit and legal as well.
Do you wanna know how I know it? I'm in close contact with my my lawyer (whom is one of the greatest here in Italy) and penalist who are morally against Ponzi schemes but not for those treated as games, because it is actually considered gambling.

By the way, I don't see any evidence of scam or complain against it even though iz-nop naturally collapsed (according to their rules), so dulcis in fundo it operated legitimately.

OT: you may better to spam somewhere else if you are trying to increase your post counter 'cause we don't really care of trash comments, or maybe I do damn.
T

Thank you Smiley I been kinda wondering the legal things on iz-nop anyways.

I was wondering if ponzi's were only ilegal in "investment" sites such as Gaw miners.

Everyone knows that ponzi is a high return,high risk investment

My explanation was too much generic and mostly talked about its legitimately instead of legality, because if you want a legal Ponzi scheme then you must release to the public your identity and take count of your country laws.
In Italian's law the Ponzi scheme remained obsolete, this means nobody can actually determine if running a modern Ponzi scheme as a game is 100% legal.
On the other hand you have to deal with FIAT currency and your government taxes as well when exchanging your bitcoins (which is gross profit only).