Are Bitcoin MLMs the new "Penny Auction" Scams?
BitCoin MLM?
Something inevitably has to replace the slew of hit-and-run companies like Zeekler - I'm betting it's going to be a rash of BitCoin related MLMs offering psuedo products like "BitCoin Training" and certification.
BitCoin is definitely gaining traction in the marketplace as a payment method for online and now ever brick-and-mortar businesses, but unless there is a unique concept, creating a "BitCoin MLM" is kind of like creating a Dinar MLM or a Ruples MLM. What's the product? A training manual about the foreign currency?
Here's a free shortcut for BitCoin training, no fee required:
http://bitcoin.org
I'm making a WatchDog prediction that any new BitCoin MLM that does not have an actual product or service besides "training" or "certification" that gets any real traction gets shut down within a year. Maybe the owners can cozy up to the Zeekler and TelexFREE crew and come up with the "Next Big Thing".