Post
Topic
Board Lending
Re: Bitcoin Savings and Trust is probably a Ponzi Scheme: A Petition
by
theymos
on 18/05/2012, 06:50:43 UTC
It's come to a point now that BS&T has been running for so long now that if it is a ponzi (which I don't think it is) and he is planning on running away with the funds, I'd honestly have to give him credit for being able to put together such a long lasting and elaborate scheme.  Don't get me wrong, I'd still want my money back, but I'd have to say that he had me fooled pretty well if it was a ponzi.

It hasn't really existed that long. Most Ponzi schemes last at least a few months. Genius Funds lasted more than three years.