Post
Topic
Board Legal
Re: ICO ban for the US citizens
by
BitHodler
on 08/11/2017, 13:31:58 UTC
The irony here is that the MLM type of projects are becoming the only projects USA folks can get involved in!  

So they are being driven to higher risk propositions.  
That still doesn't mean that people should put their hard earned cash in these outright scams. If the general public wasn't driven by greed, and had the ability to do actual research, these scams wouldn't exist in this quantity.

It's mind boggling when I see how easily people are willing to invest in anything that promises them unrealistic returns. If I come accross these schemes, my inner alarm starts going nuts immediately, which is something others lack.

Their greed is so strong, that this stupidity is giving scammers more incentive to continue scamming innocent people. Essentially, everyone investing in these schemes is somewhat responsible for the actions of these scammers.