Is BitClub A Ponzi Scheme?
I’ve included this question because I used to get asked it a lot.
Because of the nature of the Internet, someone can always find negative comments about anything if they look and there are people who, over the years and mostly because they don’t understand it have knocked Bitclub. The fact is though that since starting out in 2014 we have simply grown from strength to strength
So the answer is, sigh… NO! It sure isn’t a ponzi scheme.
I am going to give a very detailed answer on this because clearly this is a natural concern for some. A ponzi scheme has no product, it’s just a money game set up to pay people with other people’s money and eventually it will crash and burn because there is no real money being earned from any outside sources.
BitClub Network has a REAL opportunity for anyone to purchase mining equipment and earn profits from what is being mined and from other services being put into place. We strive to be very transparent about our mining and you are able to track everything on the Blockchain and see our Mining pool running live.
This is what everyone that understands it loves most about the whole Bitcoin thing… You can’t trick or fake it. Everything is recorded in a public ledger for everyone to see.
It is important to be clear about this so that you can be totally confident about this opportunity. Too many people, driven out of nothing but a simple lack of understanding, often throw phrases around such as ponzi or pyramid with absolutely no idea what these terms actually mean.
We’ve explained ponzi already and pyramid selling is when, for example, I buy a product and sell it to you for more than I paid and then you sell it to someone else for more than you paid and so on down a recruiting line. Pyramid selling, like a ponzi scheme, is illegal everywhere and I would have no part in it.
And you now know exactly what these things mean should you come across those expressions again. As I said I like transparency.
And also, of course, some opportunities simply get labelled by association. What I mean by that is “it looks or feels the same” as some other business that went wrong or someone has joined business B and he used to promote business A and business A went bust. Therefore, by simple association, if this person then joined business B, then business B must also be dodgy.
That’s how some people think and you will even find so called business review sites spouting that sort of rubbish (normally because contentious things attract crowds and they get paid nice advertising revenues for bringing the crowds to their sites).
Absolute nonsense of course, and so, let us be totally clear about this business. Bitclub Network is a 100% genuine, totally transparent business that is not only possibly the very best opportunity you may ever see, but also a business that is absolutely right for today. We’re all beginning to learn that banking institutions and traditional currency aren’t always as safe as we’d like to think…
Check the banking and financial industry out and you are sure to find some ponzi schemes there.
I Am Still Unsure
If that is the case, you simply shouldn’t join us! We are recruiting worldwide and we do not need to put anyone under any pressure to join so don’t worry. There are some people who avoid anything new and different out of simple fear. I’m sure you aren’t one of those but be careful about fear.
When fear stops you doing anything at all, then you have to accept that you have gone as far as your potential is ever going to allow you to go.
If you are too concerned about making the wrong decision to ever really make any decision that helps your future and you really can’t help it, I can help you with that, seriously, I can, I have even written books on the subject. So get in touch, tell me about your fear and let’s see where it goes..
So I do understand if you don’t want to join us and whilst you will, of course, be missed, we need to spend our time working with those that see the bigger picture. There will be many people reading this at the same time as you that will join instantly because they just see it straight away.
I don’t actually know whether or not this will be the best thing for you, but what I do know is that Bitcoin and other Cryptocurrencies are here to stay, just like mobile phones are here to stay, Facebook (dammit) is here to stay, the Internet is here to stay….