With the increase in the value of bitcoin, we are witnessing an increase in pyramid and panzi schemes every day, which promise huge profits and bring people into these schemes, and after a while, they cause financial loss to the person.
One of the reasons we are more concerned about Panzi plans is the growing distrust of people in the digital currency space. And it must be remembered that the failure of digital currencies can lead to the failure of China's extraordinary blockchain technology.
Maybe you mean
Ponzi?
So what is the underlying reason for saying a digital currency failure and then pretending to be a blockchain technology failure? how much digital currency expires? did blockchain lose its trust? no, it is not at all due to the failure of blockchain technology, but rather the management of the digital currency which has lost its trust.
Because if you generalize the failure of blockchain technology, now developers must have alternatives to blockchain to avoid failure.