Post
Topic
Board Bitcoin Discussion
Re: Free bitcoin; New scam
by
MFahad
on 22/08/2021, 16:33:18 UTC
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.

Please don't mix MLM and bitcoin together and finally claim that bitcoin is a ponzi scheme. This is not true.
If you indulge in MLM though bitcoins, its your own fault that you become greedy and fail to recognize the Multi level marketing which is a scam no matter if you use fiat or bitcoins.