History tends to repeat it’self. People tend to ignore history.

Investment schemes have plagued honest investors for years.

Whether it’s Bernie Madoff (who “made off” with the most money out of any ponzi to date) , Bitconnect, or the new shiny imitations we see today, people are getting hurt and losing money.

Recently I have seen an “investment bot” making the rounds in the Litecoin community. I genuinely care about the Litecoinfam on twitter, and sat down to write this as a general PSA on crypto ponzis.

What is a Ponzi?

Instead of regurgitating a definition of a ponzi scheme…

Nick LTC

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