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Ethereum’s Vitalik Buterin: Biggest Bitcoin investment platform likely is a Ponzi scheme

The Next Web Friday, 3 November 2017 ()
Ethereum’s Vitalik Buterin: Biggest Bitcoin investment platform likely is a Ponzi schemeAny avid cryptocurrency enthusiast has heard about the new cool kid on the block, BitConnect – a bullish Bitcoin lending investment platform with a bludgeoning user base and a bullish market cap of over $2 billion. But despite its stunning success, the company, which launched through an initial coin offering (ICO) in late 2016 and quickly established itself as one of 2017’s top performing cryptocurrencies, continues to attract hordes of naysayers for its lending scheme. BitConnect follows a four-tier investment system based on your initial deposit – the more cash you put down, the bigger and faster returns you make…

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