Bitcoin and other cryptocurrencies are the playgrounds of the bulk of the scams and crooks at the moment.

Why would this be the case?

Well, it's the anonymity of the blockchain that encourages them to scam you.

Once you've paid with any crypto, there is no recourse, they disappear with your money, and you cannot even track them down to get it back.

Most other payment systems, PayPal, Stripe, Payoneer, etc., have ways to get a refund, but there is no such system with any cryptocurrency or stable coin.

It makes the scam almost risk-free.

That's why the ransomware scam can get millions of dollars in payments, and the authorities can't do anything about it.

The other issue with cryptocurrencies is that far too many of them are in the accounts of very few people.

For example, 2% of account holders hold 95% of bitcoins.

Tether is one of the biggest holders. 

They claim to have $1 USD in backup for each Tether in 'circulation', but this is false.

In February 2021, the N.Y. Attorney General stated that 

"Bitfinex and Tether recklessly and unlawfully covered- up massive financial losses to keep their scheme going and protect their bottom lines," said Attorney General James. 

"Tether's claims that its virtual currency was fully backed by U.S. dollars at all times was a lie..." 

Their actual cash backing is less than 6% of their total coin issue.

When you look at it like that, why would you hold any of these coins?

I'm sure that there will be many subscribers who disagree with me, and you are welcome to do so, but I would suggest that you don't hold any of these where you cannot afford to lose your gamble.

No investment or gamble has any value until you have the money in your bank account.

A million-dollar house is only worth a million when you sell it.

No, borrowing against it doesn't count because you still have to service the loan and usually pay back well over the million dollars to do so.
 

Regards,
Brent.

P.S.  I wish you the best of luck and trust that you'll cash out before it all goes to nothing.

In the meantime, it's in your best interests to develop secondary sources of income.

No one should rely on a single source of income because it's far too easy for that to disappear on you through no fault of yours.

This is what has happened recently to a bunch of people who built their businesses on the Vidnami platform.

With the announcement of the sale and closure of Vidnami, they are scrambling for a decent replacement.

I have found one with some similar features, but it has one feature that you can use to generate significant income.

I've been going through the training videos, and it's extremely interesting.

Generating hundreds of clicks to any link you like from free traffic is always attractive to most marketers, and this tool can provide that for you.

Find out more here. https://go.wm-tips.com/yive-one.

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