If this kind of pyramid scheme keeps rising in the Philipines, their goverment will be compelled to bring some changes in policy and that could make the country less friendly. That being said, I really think people should learn more about bitcoins and altcoins before investing
Topic: Philippines Deports Mastermind of $33 Million Bitcoin Pyramid Scheme - page 3. (Read 393 times)
October 07, 2018, 03:58:28 PM
October 07, 2018, 04:39:43 PM
There's no connection to the arrest to ban bitcoin in the Philippines.
That's just a usual act of the scammers when they are wanted to their homeland, they'll fly to a friendlier country to flee from their local authorities. Look at the brighter side that he caught by PH's authority, this isn't only about being a crypto friendly country but being a very well cooperative country with regards to criminal awareness.
That's just a usual act of the scammers when they are wanted to their homeland, they'll fly to a friendlier country to flee from their local authorities. Look at the brighter side that he caught by PH's authority, this isn't only about being a crypto friendly country but being a very well cooperative country with regards to criminal awareness.
October 07, 2018, 03:57:42 PM
Anything involving pyramid schemes is always the bearer of bad news. People were being victims of pyramid schemes even before bitcoins. Now these scammers are aslo scamming people by integrating pyramid schemes in the bitcoin world.
October 06, 2018, 05:13:00 AM
https://www.ccn.com/philippines-deports-mastermind-of-33-million-bitcoin-pyramid-scheme/
These pyramid schemes are the ones giving bitcoin a bad name taking advantage of those people who have less knowledge about the technology. That's why it's really important that we do our own research to something that we wanted to invest our money in to avoid being scammed by these scumbags.
Philippines is a crypto freindly country and lots of people are benefiting from it and since there are so many pyramid schemes happening in this country I just hope that this wouldn't create an impression to those who wanted to learn or invest in this awesome technology.
Do you think this is a ground for banning bitcoin in the Philippines? Will bitcoin regulation save those potential investors not to be scammed? Share me your thoughts!
These pyramid schemes are the ones giving bitcoin a bad name taking advantage of those people who have less knowledge about the technology. That's why it's really important that we do our own research to something that we wanted to invest our money in to avoid being scammed by these scumbags.
Philippines is a crypto freindly country and lots of people are benefiting from it and since there are so many pyramid schemes happening in this country I just hope that this wouldn't create an impression to those who wanted to learn or invest in this awesome technology.
Do you think this is a ground for banning bitcoin in the Philippines? Will bitcoin regulation save those potential investors not to be scammed? Share me your thoughts!
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