Posted this comment on both posts of the recent Anarchast interview (post #1 & post #2) so I feel the need to post it here as well:

MLMs, for anyone who doesn't already know, are more often referred to as "pyramid schemes". I would recommend staying away from (or at least be EXTREMELY careful with and do a lot of researchon) anything like this, where you "buy in" and they offer you huge returns. The term "binary commissions" is a dead giveaway, where people are rewarded for bringing more people in...

The key to making these things work is in getting people to convince others to join. As long as new people are investing, and the influx is more than the commissions being paid, the scheme keeps going. As soon as there is more money going out than coming in, the whole thing closes up, and the last half of the people who joined just lost all their money.

Joby replied to a sub-comment about how Bitcoin owned by investors was effected with the Bitcoin Cash fork. He did not address any of the links I shared, or my comment in in general.

Research Links

• Investment Warning - BitClub Network Review & Analysis
• The Crypto Show with a closer look at BitClub Network
• BitClub Network Review: Zeek Ponzi veterans at it again…
• [SCAM ALERT] The BitClub Network
• BitClub Network: MLM promises, false testimonials and PoS coin - AVOID
• Scam Alert: BitClub
• Criminals behind Bitclub-Network Investment Scam by @steeme