I have been saying this all along that crypto is an MLM scam. Thank you for coming out and saying it too. Most people are aware of how MLM works and once you get the word out Crypto will die. Thank You for this post.
I'm so glad that others with a public voice are talking about the scam of Digital Currency.
I made my living as what would now be called a Systems Administrator, working on large IBM computers. I started before there were small-platform machines or the Internet. All this to say that I have probably forgotten more about computers than most people will ever know. (Thank God.)
Digital Currency is fiat currency, just like all the others around the world. But unlike the others. it has nothing backing it. And worst of all, it has no physical presence.
Blockchain is a protocol with an explicit process. Thinking of the Physical Universe: Where is your Digital Wallet? How do you know where your assets are? Can you touch them? How do you guaranty your Wallet's contents? Who and where do you sue in case of theft? Good luck with all of this.
Those immersed in IT Culture have known from the beginning that Digital Currency is tool for evading accountability and a bold-faced scam. When asked, we used to joke that "The Cloud" was really just a disk drive in Pomona.
We call it in Spain Criptosecta/cryptocult as we with our Spanish federation REdUNE.org.es actually are supporting 242 families that are suing IM Mastery for #CoercivePersuasion with their Children @carlosbardavio
I have been saying this all along that crypto is an MLM scam. Thank you for coming out and saying it too. Most people are aware of how MLM works and once you get the word out Crypto will die. Thank You for this post.
Dr. Hassan, thank you for airing this important message about crypto. More people need to earn warned about this scam.
I'm so glad that others with a public voice are talking about the scam of Digital Currency.
I made my living as what would now be called a Systems Administrator, working on large IBM computers. I started before there were small-platform machines or the Internet. All this to say that I have probably forgotten more about computers than most people will ever know. (Thank God.)
Digital Currency is fiat currency, just like all the others around the world. But unlike the others. it has nothing backing it. And worst of all, it has no physical presence.
Blockchain is a protocol with an explicit process. Thinking of the Physical Universe: Where is your Digital Wallet? How do you know where your assets are? Can you touch them? How do you guaranty your Wallet's contents? Who and where do you sue in case of theft? Good luck with all of this.
Those immersed in IT Culture have known from the beginning that Digital Currency is tool for evading accountability and a bold-faced scam. When asked, we used to joke that "The Cloud" was really just a disk drive in Pomona.
Money laundering/exchange for oligarchs.
We call it in Spain Criptosecta/cryptocult as we with our Spanish federation REdUNE.org.es actually are supporting 242 families that are suing IM Mastery for #CoercivePersuasion with their Children @carlosbardavio