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The Ponzi scheme is not a new product, it has been around for a long time, it's just that the scammers took advantage of Bitcoin this time to launch their action. During this "PANDEMIC" period, many people started to become interested in cryptocurrencies, especially Bitcoin. I'm not worried about the members in this forum because it sure won't be easy to get into their trap, what I'm worried about are those out there, who are greedy and easily incited with "big profits and quick profits"..
Many people started to become interested in cryptocurrencies that is why the number of scammers also increased. They think of it as the best opportunity to victimize those people who are starting to get interested in bitcoin. Scammers can't only be found on social media but also some of them created a networking business platform that has the name of a cryptocurrency to attract more people when it comes to investing on their site. I'm also concern with those people who doesn't have enough knowledge to find out if it is a scam or not.