Post
Topic
Board Nigeria (Naija)
Re: But why people the still choose Ponzi schemes over bitcoin?
by
Asiska02
on 12/04/2025, 22:10:40 UTC
I see this news on Friday about CBEX when people come the talk say the platform done crash and people done lose all their money them invest inside. For those way no know waythin be CBEX, it stands for China Beijing Equity Exchange. According to them say nah digital asset trading platform way you fit dey trade. But plenty experts done the warn say the platform gets all the look-alike of a Ponzi scheme just as MMM was. Now since Friday 11th April Investor never fit withdraw their money and the platform the drop message say nah till 15th April them fit the do withdrawal. Somebody now the cry say him no fit withdraw him $60,000 him put inside and many others too.

I never hear of this platform before and I dey surprised say people go dey carry big money like this they put for this kind scheme and expect say their month they in safe hands. Even crypto exchanges wey get backups, to put money there dey hard person because everybody dey fear the repercussions of saving their money there which many of them don rug pull in the past before. I no dey like hear people lost money like this because e go dey discourage people to invest in bitcoin as them go term am all the same thing now and go begin discourage people to show interest in the real digital asset.

Quote
Even the way the world done they now with information at the palm of the hand with just a click to the internet people still no the want feat differentiate between real and fake assets and platforms. Since I know about bitcoin I never hear this shitty stories but people for we Nigeria no want to they exercise patience to invest inside bitcoin where their money no go get scammed. Normally we know say when Ponzi scheme wan crash na this type of excuses them the start with to control the fears and carnage the information of a sudden crash feat cause their foolish victims and also for the scammers to get ample time to clean any traces.

Some people still dey naive of all this and you no go too blame them for all this things. Most of them now as this thing don happen to dem na him dem go know how to take find their way around this digital space of investment opportunities. Dem go know say better assets they to invest in like bitcoin wey go give them good returns for investment than all this Ponzi schemes wey dey scam people of their money always. Another reason fit be Naija ways on how them dey treat anything relating to crypto to make them look for other means to invest than bitcoin. But all in all, a word dey enough for the wise and to take caution.