They're All Pyramid Schemes
Prom, Adam. 2017
They're All Pyramid Schemes


I apologize; they're mostly pyramid schemes. The politically correct term would be "multi-level marketing."

Note: All the links in this article are vetted.

After an afternoon of enjoying the devil's cabbage and the subsequent flood of philosophical thoughts, I thought it would be a good idea to find ways to grow my cryptos.

First up, Bank of Tron. Sounds legitimate. May even seem official. Scroll down, and you will find the interest rates are not outlandish 3.7%. Your earnings are also dished out by the second. Then you look just above the eye-catching interest rate and you see that the bank reserve only has 2.65 TRX and dropping. I know, right? Easy to gloss over as it blends well with the overall site aesthetics. 

The next day, realizing the crappy decision I made, I tried to withdraw whatever I could. Clicking on the "withdraw" icon, it changed to "in the withdrawing [sic]." Not a good sign. Bye bye 1000 TRX. 

Next is the BeeHive Game. I like bees. The point of the game is to invest in bees to make honey and wax, which you, in turn, can reinvest to buy more bees. If you feel like converting your honey and wax back to TRX or ETH and take it back, you can. I was actually having fun with this. Even built me a modest hive that was growing. Then the site crashed. The runners said on discord that they were deceived by a hacker and that they would return your investment if you fill out a form. I did. Still waiting two weeks later for my refund. The site is up again and accepting investments but not letting you withdraw. I'm playing it again, secretly hoping they're not criminals. 

Just Game. Don't even try figuring out how this works. The vague resemblance to Hal makes the whole experience exciting. Until you try to figure out what is actually going on. Everyone's going to lose their money, that's what's going on. 

There are a ton out there. The common factor on these sites is they encourage you to send out your invite code with the promise of getting a slice of their investment and from whoever they invite too. 

If it seems too good to be true, it is! Read the reviews. So much can be learned from looking at how much traffic they get. Also, you might want to Google (or whatever engine tickles your fancy) that site too.

Online Casinos. One could argue that these are also MLM's. However, the case with online games of chance is different. People know exactly what they're getting into. They know the odds are against them. No pretense. No hoodwinking involved. Some even give back dividends. 

Except for Wink. They will not return your money if you decide to quit. You'll continuously get "daily limit reached," even if you haven't done anything for a week. 

Some of the lesser states outlaw online gambling to the detriment of more awesome states like California. Because of this, every US IP address is banned from accessing online casinos. Unless you can somehow travel to another country instantaneously (I will never suggest breaking the law), you're out of luck. 

Be careful out there. Have fun. Enjoy breeding cats.

 


Carlos Spicyweiner
Carlos Spicyweiner

A writer trying to explain cryptos to the confused.


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