[dtube] Difference Between Ponzi Schemes and Legitimate Referral Programs

in #cryptocurrency7 years ago (edited)


Softminimal1 says "Dude I get a ref[erral] for bringing people into my bank so what is the difference?"

DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.


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Come on guys, just because a company has an affiliate doesn't mean its a scam. If that was the case, then Amazon and eBay would be scams too! Because they have affiliate programs. You just have to use your head and think, if this seems too good to be true, it's probably a scam. (ie Tether)

PS (please check out my page if you like sadtrap music)

I am so glad to see my favorite youtubers moving away from youtube!

same, im a youtuber and i just moved to steemit a few days ago and i love it

Love you post! Don't hesitate to view my posts, I create original fashion styles!

You repeat the same topic ..i replied in another post.

This very good for cryptocurrency user.It is very informative post
This is very helpful for us.Thank you very much.
keep it up

"Beet-Coh-Neeeeeeect!!!"

Oh, Carlos!

I think that some people have to learn it the hrd way even if you give them all the proofs why something is a ponzi scheme
khm BITCONNECT khm

Amazon has a referral program so obviously that is not indicative of a scam.

Nice informative video

@louisthomas - You clearly made the distinction between companies that use referrals as a supplement to augment their marketing efforts than those that solely use affiliates and referrals as the sole source to fund the operation. Great job keeping the video short and to the point

louis you are the best.

Hey Louis, Yep there is a massive difference between a transparent fee for service and the cloak and dagger skulduggery that the "scum" (as you rightly call the no name villains) get up to. Do your own research is pretty much a battle cry in this space and that should go for where and from whom you are getting for info or leads and not just for the coins or projects. With everything that has gone on recently I am staggered by the amount of people who are still referring me onto, to say the least, dubious opportunities that will end any financial worries that I may have overnight. Anyway keep on serving us up the healthy stuff. Cheers J

how do i know that steemit isnt a scam

This is true. The Ponzis focus on using other's money to pay investors.

Good job sir.