I don’t want a free Tesla!

Cryptocurrencies are a Ponzi scheme: you will lose ALL your money

The Internet ad I’m critiquing here

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:

A very similar ad also of today

They call it ‘fool-proof,’ but they mean: Anyone can sign up! Don’t.

About the Author

MM is a prolific and creative writer and thinker, an almost daily blog contributor to the Times of Israel, and previously, for decades, he was known to the Jerusalem Post readers as a frequent letter writer. He often makes his readers laugh, mad, or assume he's nuts—close to perfect blogging. He's proud that his analytical short comments are removed both from left-wing and right-wing news sites. None of his content is (partly) generated by AI. * As a frontier thinker, he sees things many don't yet. He's half a prophet. Half. Let's not exaggerate. He doesn't believe that people observe and think in a vacuum. He, therefore, wanted a broad bio that readers interested can track a bit about what (lack of) backgrounds, experiences, and education contribute to his visions. * If you don't know the Dutch, get an American peek behind the scenes here: https://youtu.be/QMPp6h6r72M * To find less-recent posts on subject XXX among his 2000 archived ones, go to the right-top corner of a Times of Israel page, click on the search icon and search "zuiden, XXX". One can find a second, wilder blog, to which one may subscribe, here: https://mmvanzuiden.wordpress.com/. * Like most of his readers, he believes in being friendly, respectful, and loyal. Yet, if you think those are his absolute top priorities, you might end up disappointed. His first loyalty is to the truth. He will try to stay within the limits of democratic and Jewish law, but he won't lie to support opinions or people who don't deserve that. He admits that he sometimes exaggerates to make a point, which could have him come across as nasty, while in actuality, he's quite a lovely person to interact with. He holds - how Dutch - that a strong opinion doesn't imply intolerance of other views. * Sometimes he's misunderstood because his wide and diverse field of vision seldomly fits any specialist's box. But that's exactly what some love about him. He has written a lot about Psychology (including Sexuality and Abuse), Medicine (including physical immortality), Science (including basic statistics), Politics (Israel, the US, and the Netherlands, Activism), Oppression and Liberation (intersectionally, for young people, the elderly, non-Whites, women, workers, Jews, LGBTQIA+, foreigners and anyone else who's dehumanized or exploited), Integrity, Philosophy, Jews (Judaism, Zionism, Holocaust, and Jewish Liberation), the Climate Crisis, Ecology and Veganism, Affairs from the news, or the Torah Portion of the Week, or new insights that suddenly befell him. * His most influential teachers (chronologically) are his parents, Nico (natan) van Zuiden and Betty (beisye) Nieweg, Wim Kan, Mozart, Harvey Jackins, Marshal Rosenberg, Reb Shlomo Carlebach, and, lehavdil bein chayim lechayim, Rabbi Dr. Natan Lopes Cardozo, Rav Zev Leff, and Rav Meir Lubin. * One of his rabbis calls him Mr. Innovation [Ish haChidushim]. Yet, his originalities seem to root deeply in traditional Judaism, though they may grow in unexpected directions. In fact, he claims he's modernizing nothing. Rather, mainly basing himself on the basic Hebrew Torah text, he tries to rediscover classical Jewish thought almost lost in thousands of years of stifling Gentile domination and Jewish assimilation. (He pleads for a close reading of the Torah instead of going by rough assumptions of what it would probably mean and before fleeing to Commentaries.) This, in all aspects of life, but prominently in the areas of Free Will, Activism, Homosexuality for men, and Redemption. * He hopes that his words will inspire and inform, and disturb the comfortable and comfort the disturbed. He aims to bring a fresh perspective rather than harp on the obvious and familiar. He loves to write encyclopedic overviews. He doesn't expect his readers to agree. Rather, original minds should be disputed. In short, his main political positions are among others: anti-Trumpism, anti-elitism, anti-bigotry and supremacy, for Zionism, Intersectionality, and non-violence, anti those who abuse democratic liberties, anti the fake ME peace process, for original-Orthodoxy, pro-Science, pro-Free Will, anti-blaming-the-victim, and for down-to-earth, classical optimism, and happiness. * He is a fetal survivor of the pharmaceutical industry (https://diethylstilbestrol.co.uk/studies/des-and-psychological-health/), born in 1953 to parents who were Dutch-Jewish Holocaust survivors who met in the largest concentration camp in the Netherlands, Westerbork. He grew up a humble listener. It took him decades to become a speaker too. Bullies and con artists almost instantaneously envy and hate him. * He holds a BA in medicine (University of Amsterdam) – is half a doctor. He practices Re-evaluation Co-counseling since 1977, is not an official teacher anymore, and became a friendly, empowering therapist. He became a social activist, became religious, made Aliyah, and raised three wonderful kids non-violently. For a couple of years, he was active in hasbara to the Dutch-speaking public. He wrote an unpublished tome about Jewish Free Will. He's being a strict vegan since 2008. He's an Orthodox Jew but not a rabbi. He lives with his library in Jerusalem. Feel free to contact him. * His writing has been made possible by a (second-generation) Holocaust survivors' allowance from the Netherlands. It has been his dream since he was 38 to try to make a difference by teaching through writing. He had three times 9-out-of-10 for Dutch at his high school finals but is spending his days communicating in English and Hebrew - how ironic. G-d must have a fine sense of humor. In case you wonder - yes, he is a bit dyslectic. If you're a native English speaker and wonder why you should read from people whose English is only their second language, consider the advantage of having an original peek outside of your cultural bubble. * To send any personal reaction to him, scroll to the top of the blog post and click Contact Me. * His newest books you may find here: https://www.amazon.com/s?i=stripbooks&rh=p_27%3AMoshe-Mordechai%2FMaurits+van+Zuiden&s=relevancerank&text=Moshe-Mordechai%2FMaurits+van+Zuiden&ref=dp_byline_sr_book_1