My Honest Thoughts On Bitconnect

For a while now, I've refrained from posting anything on here about this controversial program due to fear of getting flagged. Then I thought, this is "the blockchain". We are in this decentralized space where no one should be censored or banned for expressing a thought or a feeling.

If this post gets flagged, then I would be more worried that this decentralization thing is not really what we think it is.

Watch the video below if you wanna hear what I want to say, but if you prefer a text version, here it goes:

I joined Bitconnect (<-- warning: this url is my referral link) a month ago with a confidence level of 80%. I joined anyway because I had a good feeling about it despite of the negative remarks about the program. I wanted to see how they would handle things on the day of the fork on August 1. Besides, this was a really good time to run off with inverstors' money considering all bitcoin operations are shut down during this time.

To my surprise, they continued to pay out daily interests surrounding this date even after announcing the halt of operations while the fork is happening. In addition, they also surprised everyone with a Bitcoin Cash wallet in the backoffice. Scammers would not bother doing that! Furthermore, they are successfully holding workshops and seminars in their new office in Indonesia. Again, scammers wouldn't bother doing that! My confidence level has soared to 95% at this point.

CHECKOUT THIS BLOG AND SEE FOR YOURSELF

What I realized is this - there really is an actual team behind this company that are hard at work in making this venture a success. They're proving themselves without really trying to. Day in and day out, their system works flawlessly. They haven't given us a single reason to doubt them. Not one reason. So, I realized, all the negativity surrounding Bitconnect is not coming from within, but only from crazy youtubers and bloggers who are not even in the program to see for themselves. They see a pyramid structure compensation plan, and they scream scam.

Did you know that social security is designed as ponzi? The money that we pay as social security tax is being used to pay those
who are currently receiving retirement money. The thing is, this design is not a bad thing. It's only bad when it's done in a fraudulent way - and I don't believe Bitconnect is fraudulent.