So the plan to earn interest by lending anonymous irreversible internet currency without collateral to strangers online who use fake documents and fake social media accounts to get graded with fake reviews on previous loans which are most probably from their shill accounts didn't work well? who would have thought..
The thing is, BTCJam puts in a lot of work trying to make it's users seem legitimate.
A lot of the users there are relevant, and the documentation is presumably, often real.
I had invested there back in 2013, and the fact that they are still running is testament to the fact that it is legitimate enough, and has enough people who do not default, for people to continue investing there.
Lot of bad sites are still around and active that scam their users its not a testament to being legit,its more showing how many people still join to feed the scammers. If you can get past the scammer part,then I want you to think about the day they close shop with all your details. This site does not just have the run of the mill information on the users,it asks people to compromise their bank accounts for one by letting them look at it. Then they ask for all your social media,sin,paystubs,email and list goes on all so you can gain a higher rank! The highest ranked people will be the lambs that get slaughtered first as they are most likely the easiest and potentially juicer targets for a 3rd party to hit.
Its really a laugh thinking that people are willing to castrate themselves financially and even identity wise to make a few bucks on a site that does nothing to protect the user at the end of the day.
