Post
Topic
Board Lending
Topic OP
Bitcoin Savings and Trust is probably a Ponzi Scheme: A Petition
by
nrd525
on 04/05/2012, 03:48:10 UTC
I believe, to the best of my knowledge, that given the absence of any public financial disclosure and an extremely high rate of return that the Bitcoin Savings and Trust is a Ponzi scheme.

I'd like to make this a forum-based petition of bitcointalk users who agree with this.  I don't want to do a poll, because I want people to commit their user name to this statement.

I'm interested in seeing how many people agree with me.   I'd prefer to have any debate over this issue in a separate thread.

My theory is that if you want to develop community, then you need to figure out who to trust and what is a scam.  Bitcoin has suffered from too many scams.

So if you agree, reply and say "I agree".