If you do your research you will discover a trend with those that call Bitconnect a scam or a Ponzi scheme. Everyone that disagrees with the marketing strategy basically says its a Ponzi scheme because the only way you can supposedly make money is through the referral program. I debunk these claims by covering the following topics:
- The real definition of a "Ponzi Scheme"
- What MLM is (Multi level marketing)
- The real definition of a Referral programs (Amazon has one, Walmart has one)
- Multiple ways that Bitconnect earns money OUTSIDE of other people lending to their platform
- Multiple ways a member can earn money OUTSIDE of the lending program on their platform
Do your research guys, also, stay informed! There is a lot of FUD going on in crypto.
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