Originally Posted By: RICH G
Crypto Currencies are a pyramid scam,


I’m not a big fan of bitcoin or a majority of alt coins either, but lumping all companies in this sector together as scams is like looking at amazons business model back in the 90’s and not getting in on the ground floor of investing in it by brushing it aside and calling it a scam because few had the vision Bezo’s had. There will be some very strong companies that will come out of the blockchain tech sector just like what came out of the dot com era.

In fact, over one hundred companies have partnered with one of the altcoins already and instead of taking 3-5 days for money transactions to clear, especially over borders, takes 3-5 minutes. Banks and credit card companies are already interested in this company because their competitors will gain a competitive edge over them by saving time and money per transaction-- improving their bottom line. Time will tell if all banks will embrace this technology or get run over by it. I wouldn't be surprised if this company didn't surpass bitcoin in market cap somewhere down the road.

Rumor has it Amazon has interest in this technology as well.

My intent for this thread was to measure if this technology had gone main stream yet and according to the non interest, I’ll take that as I’m in on the ground floor.

Go Huskies!
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