Topic: This is not a ponzi scheme (Read 119 times)
This is the reason we have thousands of altcoins, when only a handful will ever be useful and used in the real world. Greed and naivety mean that newbies will throw their money at any kind of trash, and while there is a constant stream of newbies there will be a constant stream of scam ICOs ready to take advantage of them.
Many people came here (I mean the cryptosystem) with the notion of investing money in an altcoin today and then get multiple of what they invested in a matter of days or even weeks. NO it doesn't work that way, you have to invest your time and money, research well to check for smart SMART (Specific Measurable Achievable Relevant and Time bound) projects. I'm not an expert, just expressing my view.
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