One way Are mlm crypto mlm trading use to be good but we can clearly see that start falling.
Any cryptocurrency involved in "MLM" are scams. They are either Ponzi scheme or pyramiding scheme disguised as MLM which often prey on people who really doesn't know what is the legit MLM industry.
Mlm looks easy Also becouse you can reqruit people and earn profit.
I see this area enourmous growth potential over the next few decades.
People want to be there where action and liquity thanks to crypto the mlm can Grow Even bigger then oil,btc,forex marketing it can Grow large becouse people want always get rich ways without working.
MLM had been around for decades, it has been proven as one of the largest industries, but Fraud and scams also flock this industry. Ponzi Scheme and pyramiding scheme disguised as Multi Level Marketing destroys the image of the supposed to be legit industry. Thus many people had been burned and hated MLM because of these two fraudulent schemes.
A legit MLM company requires Hard work to flourish. Those that said it doesn't need hard work are probably experienced Ponzi and pyramiding schemes and has not been involved in a legit MLM system.
It can all start from africa and India people there love MLM business If this will Grow big then the wall Street and bankers can play with each other with their stock market and money becouse people might be not interested If Market dont move
Crypto industry Will stay becouse it's liquity for mlm but stock market Will go away becouse people not interested companies they just want high return of their Investment on order to earn money daily.
The solution here Are the Fed Will step in and start making markets alive again and we can earn otherwise people Will look other ways like mlm or referal comision based income
Cryptocurrency involved in MLM often destroy the cryptocurrency industry. There had been lots of scam company that exploits both cryptocurrency and MLM system and feed on unsuspecting victim.