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by ForHackernews 2025 days ago
This is a pretty good checklist, but it really needs more blockchainz.
1 comments

Yeah, no reference to crypto and blockchain? This article didn't cover the most worrying ponzi scheme I've seen since public pension plans.
blockchain is more like a Pump and Dump scam. You can run it just once. Ponzi schemes require several iterations of the scam to be successful.
You say that because you haven't heard of the latest crypto investment form. You put $140 at least 6 month in a new cryptocurrency deposit. In exchange, you get paid every tuesday during this time, you also get sent a red visa card and a premium Spotify account (you never have to pirate again!). Plus, if you're referred, you and your referrer will get $25 dollars free.

Now, when I asked where did that money come from, the guy on Twitch told me "it's like a bank, the money comes from you". The difference here is, of course, this gives you much, much higher returns than a bank while a bank can actually invest your money, and this "entity" cannot. Also the interface of some of these "investment" agencies look like a game, I guess to be more attractive [1].

In the end, the idea is always the same: crypto will only go up. So far that's been the case, though.

[1] https://pbs.twimg.com/media/EjI5hTcU0AAnUO0.png