EP053 - Bitclub Network - When a deal is too good to be true

In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

Om Podcasten

Join us on the journey towards financial independence and being unconstrained. Your host, Myles Wakeham, explores the art of financial sustainability and individual sovereignty resulting in a debt free lifestyle. If you want to be challenged by a contrarian, think outside the box and go against the grain, this show is for you. Myles has spent his life doing the polar opposite of the "social mantra" in multiple countries and this has resulted in extraordinary results. Open your mind to thinking different, and getting MUCH better results for your finance, freedom and family.