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RE: Bitconnect.... LMFAO: Ponzi meets Crypto

in #crypto7 years ago

Everyone will want fiat at the end of this speculative mania as fiat is officially recognized currency supported by state authority. Definitely not ideal, but still better than the virtual mirage of 'money'.

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Goes from $400 to $5#Bitconnect, which has been accused of running a Ponzi scheme, shuts down..

That it has a value of $5.00 is problematic.

You think crypto has no future? I think this was the end of a Ponzi scheme, not an indictment of crypto.