Post
Topic
Board Bitcoin Discussion
Re: Philippines SEC warns against crypto investment.
by
Janation
on 28/08/2020, 03:34:10 UTC
Not actually banning but warning those people.

There are a lot of investing scams happening in our country and people are believing in such too good to be true schemes by the scammers. One of which is this Bitcoin Revolution that became popular for a while. In their endorsements, they are using popular artists of the country including Manny Pacquiao which is not true.

https://pia.gov.ph/press-releases/releases/1045466

People who fall for bitcoin revolution deserve it. You can't feel sorry for these people. If you burn yourself on a hot pot and then touch it again right away who is at fault?

I don't think they deserve it.

It is true that they fall to their schemes, it is true that they are lacking that "common sense" since they are not aware what that project is but they don't deserve to be scammed that is why we should help these people, in a way to inform them about these scams happening right now especially related to Bitcoin and other cryptocurrencies. I prevented my family from three scams, one of them is this Bitcoin Revolution.
I hate to say this but in order for these investors to be helped, they must experience getting scammed.
And I agree to that.

I know I am being confusing but hear me out. These people don't deserve to be scammed but they needed it to learn. I know that these people really needed the money that is why I am saying they don't deserve it but they needed it in order to learn, to wake them in these world that it is not easy. I get that.