March 19, 2026

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Re: Beware of Swisscoin – Ponzi in the making

Re: beware of swisscoin - ponzi in the making

Re: Beware of Swisscoin – Ponzi in the making

Learning about bitcoin is fun and discovering new types of cryptocurrency are inevitable. Some countries develop their own cryptocurrency and endlessly, they try to promote it. But be aware of these new cryptocurrencies.

I’ve read an article about Swisscoin which claims that it is a cryptocurrency. It uses the terms and languages of a cryptocurrency and “blockchain” that deceives readers to engage them to join. However, it would seem that it doesn’t have any sign of being a cryptocurrency. It appears to be that its entire operation is a get-rich-pyramid scheme with no real value. It only encourages you to buy packages to them and invite other people to signup under you. Yes, it contains uplines and downlines which is clearly a ponzi-networking scheme.

Swisscoin is definitely NOT a cryptocurrency. And it is best to avoid it from the start.

You have been warned!

For more info, the link is provided below:
https://news.bitcoin.com/dissecting-swisscoin-cryptocurrency-ponzi-horizon/

(Why?)

Published at Sun, 09 Apr 2017 18:06:20 +0000

[wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”]bitcoin – Web Wednesday V83 – 025
bitcoin at Web Wednesday HK – 19th March 2014

83rd social mixer event – networking for the Hong Kong’s internet entrepreneurs and digital media executives.

An interview with two crypto-currency entrepreneurs:

Dave Shin, Founder of Cryptomex, an ambitious alternative for raising company funds via IPOs (initial public offerings) traded in Bitcoins.

Ken Lo, CEO of Anxbtc bitcoin Exchange, a new marketplace for trading Bitcoins, recently launched in Hong Kong.

More on our blog: bit.ly/wwbv83blog

Photos by bronney.com/
By YB Hong Kong on 2014-03-19 18:42:27
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