“I do I.C.O.s. It’s my thing,” he said. He wore a pink button-front and pink pants. “It’s me, a couple V.C.s and a lot of charlatans.”
... The currency’s founder frequently appears in fan art as Jesus with a Lamborghini. Mr. Buttram says he’s renting an orange Lambo for the weekend. And he wears a solid gold Bitcoin “B” necklace encrusted with diamonds that he had made.
... He runs Distributed, a 180-page magazine about cryptocurrency that comes out about once a year.
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If your transaction network confirms every 15 minutes.
In the 1990s a great many monetary instruments were concocted. Short-term movement of international capital increased exponentially. At times or on specific days, the movement of Canadian dollars would represent thirty or forty times the value of commercial trade leading to extremely volatile exchange rates. Creating a new currency in that context meant taking an enormous risk. Since the climate could be expected to be hostile, a new currency could be demolished within days. It was much better to declare that the Canadian dollar would be maintained.
Important: We are only talking about HYIPs here, not ponzi schemes or straight up scams. | There is a important difference | An HYIP is actually paying interest, but is based on an unsustainable model. Every HYIP turns into a scam after its breaking point - but until then, it is a real, paying investment with real profit.
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