They are an absolute scam, only interested in filling Josh's pockets with BTC.
I bought in after they repeatedly promised a $20 floor that "can not fail" because their fiat backing was "too large" for that to happen.
These statements he made are documented all over the place.
When it finally came down to it, I lost a good chunk of money. I wasn't one of the lucky ones that got in early on the ponzi with the $16 dollar primes.