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RE: Are people fleeing BitConnect?

in #bitconnect7 years ago

Very interesting video. There are a lot of different ways to look at the funny math and accounting going on. At the end of the day, BCC is not a product with inherent value. The Bitconnect token does not feed people, clothe people, or provide a service. It is a zero sum game. (henceforth Ponzi scheme). Bitcoin facilitates internet commerce (IE is a new form of bank, a replacement for Visa). While one can argue over the value of those benefits, there is a benefit to society. With BitConnect those benefits are not so clear.

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