DIY TUBE Is A Ponzi Scheme Don't Fall For It!

Careful what you do with your content and where you upload it! Some social media sites like DIY TUBE have it written in their fine print that ALL content posted on their site becomes immediately the ownership of the site owner TROY REID!
Troy Reid is known here on Steemit as: @thediyworld @blogger101 @tr-techtactical @diy-electronics @mysthrio

DIY TUBE Terms Of Agreement: http://www.diytube.info/terms-of-service/
"Copyright
Content published on this website (digital downloads, images, texts, graphics, logos) is the property of DIY TUBE and/or its content creators and protected by international copyright laws. The entire compilation of the content found on this website is the exclusive property of DIY TUBE, with copyright authorship for this compilation by DIY TUBE."

Now that is ambiguous isn’t? It sounds that DIY TUBE will own the Creators content: “The entire compilation of the content found on this website is the exclusive property of DIY TUBE”

The owner of DIY TUBE Troy Reid @thediyworld will be paid by Google Adsense in USD for every content creators work posted on that site! Meanwhile the true owners/content creators will get paid in DIY TUBE coin which is valued at $0.000000296...

The way he is offering to pay you for getting people to join DIY TUBE indicates that it is indeed a Ponzi scheme.

"The first 1,000 channels to upload 10 videos get 1,000 DIYT
The first 1,000 channels to get 100 subs get 1,000 DIYT
This means that you can get up to 2,000 DIY Tube Coins for joining up."
https://steemit.com/cryptocurrency/@thediyworld/get-free-cryptocurrency-on-the-new-diy-tube-video-site

You should be very careful with buying into the DIY TUBE coins as well. Despite @thediyworld claims of it being worth $0.10, this info states otherwise:

https://etherdelta.com/#0x141797bca73ad90844d88105c8fdd8acb4c75b48-ETH

1,250,000 of DIY TUBE coins = 0.001 ethereum which is $0.37 USD, so their real value is
$0.000000296...

But @thediyworld and DIY TUBE are trying to scam people into paying them $0.05 each for them which is a markup (aka ripoff) of 168918.9189189189%...

I don't know a whole lot about how crypto works but this guy @thediyworld and his DIY TUBE coin sure sounds like a scam and a fraud to me...

I highly suggest that everyone report this Ponzi scheme to the SEC immediately! WHY? Because schemes like this give crypto currency a bad rep and makes the values of real crypto currencies fall. The more people get away with stuff like this the more we lose!

Here is an example of one crypto Ponzi scheme that made off with hundreds of millions USD stolen by a scam artist not unlike Troy Reid...