There are some set of people who still see Bitcoin as a Ponzi scheme here in our country Nigeria, they believe that the same way MMM, CBEX and others crash that is the same way Bitcoin will one day crash.
Some say anything that involves putting money online dem no dey put their hand.
It was a surprise when I saw people putting their hard-earned money in MMM again after the crash of CBEX, and this shows that Nigerians will not stop wasting their money on all these Ponzi schemes. Even if 100 of this Ponzi scheme come, Nigerians will continue to be one of their victims. There are many things out there to put money into and get a profit with, but the money they did not choose to invest in the Ponzi scheme. I will advise you not to argue with them about Bitcoin.
However, those ones who said Bitcoin will crash just their Ponzi scheme crash show that they do not even have a little bit of knowledge about how Bitcoin works. These types of people will always find it very difficult to believe in Bitcoin because they are used to putting in 100 naira and collecting 150 naira, and the funniest part is the money they do give them weekly or daily; good investments don’t need that kind of money so that people will be profitable at the end. But this one always does not want that; they prefer collecting part of their investment every day or week.