Whether Bitconnect is a ponzi or not is a side issue. Whether they have a solid business model that is sustainable is the real issue. They may not and no one really thinks to ask, blinded by the scam debate.
Whether Bitconnect is a ponzi or not is a side issue. Whether they have a solid business model that is sustainable is the real issue. They may not and no one really thinks to ask, blinded by the scam debate.
Well that is one thing that was actually included in the cease-and-desist order from NC. I am also pretty sure that was the argument in the UK also with giving them a deadline in order to prove their legitimacy as a registered business.
BC has announced they are closing ( and refunding ) their loans program.