Re: PONZI SCAMS ARE STARTING TO RISE

Quote from: Pain Packer on April 13, 2018, 07:53:26 AM

Here in the Philippines, there's a rise in ponzi scams by using bitcoin to attract potential victims and it gives bitcoin a bad reputation. Many people are easily fooled by this scams because they are promised of a big return of investment when they invest on some people. I REPEAT, not on bitcoin BUT ON PEOPLE. Here a sample link:

http://www.gmanetwork.com/news/money/content/649487/more-bitcoin-scam-victims-surface-claim-billions-in-losses/story/

#From GMA News Site (Legit News Agency in the Philippines)

Writers of those articles are ignorant about Bitcoin and blockchain, I am a follower of GMA news agency, they do give us transparent news but when it comes to this kind of news they tend to deceive people about this technology, they are so one-sided.