It feels like only yesterday when I could not stop hearing about digital currency and how it was the future.
The future currency.
The future money maker.
The future retirement package.
Now before I get into blabbing about what this post is really about, let me just say that I absolutely love the idea of Bitcoin and I have no problems with it.
However, this post is solely for the purpose of my standpoint on Crypto Currency Ponzi schemes and how everything has come to a halt, almost without notice.
This is also not a way to say “I told you so” but rather to reflect on what has come and gone, as well as what you should really be doing with your money and most especially your most valuable asset.
Your time.
Crypto Currency…
I have not heard or said that word in a really long time and it’s pretty crazy how everything went down.
People that have never done any type of make money from home type stuff, got right into the hype and went out there promoting their “business” with nothing but confidence.
I have never seen a more aggressive bunch of marketers that actually knew nothing about what they were involved with, until the digital currency craze came along.
All they knew was that they could make money and being that they did make that money, could attest to the fact that it actually worked.
You can’t blame them in a way but you can smack them for the topic I am about to get into next.
Money Made From Thin Air
It is crazy to think that some people actually thought that such a thing existed.
That is not possible and I really don’t get how all these crypto blinded people can not see that.
Well, I do know it’s because of the money but still.
Money can not come from nowhere, people.
In order to make money, there needs to be something done in order for it to happen.
Sell a product, invest in stocks, do some trading, but don’t ever think that money will come from nowhere.
That’s how it was with EVERY single one of the crypto currency Ponzi schemes but I never came across even just one member that knew how it actually worked.
Not even one!
How crazy is that?!
So How Did These Schemes Work?
Let me take you back into the days of advertising based revenue sharing programs.
This is really what started everything in the first place and yes, I was apart of this too.
With these types of sites, advertising was its product of choice.
With cypto currency based Ponzis, it’s the hype of digital currency that was its product.
Without some kind of product, you can bet that it is nothing more than a real deal ponzi scheme.
And that, my friend, is exactly what the USI-Techs and BitConnects were all about.
However, they were able to pay and that was only possible through a simple thing called recruiting as that is how money was accumulated and eventually circulated and deposited into its member’s wallets.
This is why you see incentives and whatnot as there is no way that people will recruit others without being rewarded.
Everything that happens with these sites is recruiting based and the minute people stop joining is when things will start slowing down and eventually come crashing down.
It is that simple and is the same reason why not a single one will ever last.
Bitcoin is Exactly That – Bitcoin
“John, are you in Bitcoin?”
That is a very common question I had with family and friends and it could not be more irritating.
Being that I do this whole online marketing thing for a living, I was always ready to get into a debate as I know that none of them knew what they were doing.
Bitcoin is a digital currency and that is about it.
You can not buy bitcoin and get a return of investment
It doesn’t help when you have all these famous people endorsing Bitcoin, making them think that they are doing the same exact thing when they’re really not.
Investing into Bitcoin is one thing but joining a recruiting based program that will pay you is a completely different thing and that is what most people never understood.
Bitcoin is a digital currency that can be used to buy things, trade, and be invested in but there is no way that you can make money without any of the above mentioned.
Crypto Bots Are All Back to Work
What blows my mind is the fact that every single person that presented their offer to me and could not understand what they were involved with have now stopped talking about it.
When I run into these people and ask them how their Crypto “Business” is doing, they say things like “I’m still in but I’m not that active”.
Those comments crack me up big time but I am more confused at why they still can not understand that they were in a scheme.
I guess money will always blind people, no matter what we do to tell them otherwise.
Conclusion
Money does not grow on trees.
I’m sure we can all agree with that and if you are not investing into anything, please understand that you can not make money without doing it in the form of an actual business.
For those of you who thought that Crypto Ponzis was going to get you out of your 9-5, I’m sorry but you need to try to be smarter than that.
If you really think or thought that you can make an actual career from something so simple, you might as well keep your day job.
Now for those of you who are looking for a real way to make money from the internet, you can either do some good old affiliate marketing or even dropshipping but do understand that it takes actual work on top of an investment.
If you can’t understand that much, you might not be cutout for the lifestyle.
To all my Crypto freaks out there, I’m curios as to what you are doing these days, since everything got really quiet without much arguing.
So please do share your new “business” ventures as I’m sure we are all curious as to what you are promoting next.
How Much Does it Take to Start and Run An Affiliate Marketing Business?