Cryptocurrencies are a Ponzi scheme: you will lose ALL your money
If you continue to own virtual ‘money,’ cash it for any value still today. It’ll vanish. Cut your losses. This isn’t financial advice but common sense.
Clearly, the whole Bitcoin plot is a pyramid scheme. How so? Some people became ‘millionaires’ overnight. I.e.: Countless lost everything in the blink of an eye. The idea we all could become rich via fake money’s ridiculous.
As with other Ponzi schemes, early ones harvest, and later ones lose it all. It is also vile fraud because you make money off of stupid people.
We see, for rich people it’s never enough. So, Bitcoin kings still try to con more people even when their ploy has begun to unravel already. The below scam claims Bitcoin lost its strength but other cryptocurrencies not. And then it leans on another ruse: Artificial Intelligence, which is neither.
A good example is: “If you do as I instruct you, and still you don’t become a (virtual) millionaire, I’m giving you a free Tesla.” (Speaking of theft, it says nowhere in this ‘report,’ it’s just a paid commercial. But the Internet ad links only to this article. Yet, if you’d read Forbes, you’d never know.)
Clearly, no investment plan in the world could make every participant a millionaire unless you stir up such inflation that a cup of coffee will cost $1M worldwide. Also, clearly, even if 1% would follow instructions and get virtually rich, the rest won’t get a free car. It’s like: ‘Every third customer will get what they bought for free plus a check for the amount they wanted to spend.’ That would mean the shop goes bankrupt in no time.
It uses one more common Internet scammer trick. ‘We can heal your eyesight for only $89, no pills, no surgery, no exercise, but hurry because traditional eye doctors are not happy with our alternative and try to shut it down.’ Literally: “Musk promises that as long as QuantumAI stays up and running[,] people who use it will get wealthier, but the banks around the world are not happy with this new platform and are trying to shut it down, [so] that is why Musk urges everyone to use it before it is taken down.”
If it would help the poor (but it won’t), it has a despicable racist clause: To profit, you must live in Europe, the US, Canada, the UK, or Australia. This catering to the poor in the wealthiest countries is so revolting—that only should be enough to denounce this robbery of the poor to help the rich.
If you’d ask: But if it’s a con, anyone can do this, no? The answer is: Yes:
They call it ‘fool-proof,’ but they mean: Anyone can sign up! Don’t.