# NFT's are Fundamentally a MLM-Type Scam Designed to Get You to Buy Crypto

**URL:** <https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814>\
**Category:** Out Of Pod Experience\
**Created:** [January 22, 2022, 4:48am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814 "2022-01-22T04:48:11Z")\
**Posts on this page:** 20\
**Page:** 28

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**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 14, 2022, 6:46am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/566 "2022-02-14T06:46:35Z")

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> [@Arumi\_Liz](#):
>
> more legit than you and

I would not use that as a way to promote anything. Lol.

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**Author:** ![Arumi\_Liz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/arumi_liz/32/276823_2.png) [@Arumi\_Liz](https://forums.eveonline.com/u/Arumi_Liz)\
**Post date:** [February 14, 2022, 6:47am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/567 "2022-02-14T06:47:16Z")

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Of course you wouldn’t because it would invalidate you. It’s like someone having an opinion on war without ever serving in one.

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**Author:** ![Arumi\_Liz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/arumi_liz/32/276823_2.png) [@Arumi\_Liz](https://forums.eveonline.com/u/Arumi_Liz)\
**Post date:** [February 14, 2022, 6:48am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/568 "2022-02-14T06:48:50Z")

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Didn’t it ever occur to you that the rich people who put the defi banner inside the super bowl stadium might be the people putting their money into bitcoin? I don’t think they would be if it was a scam.

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**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 14, 2022, 6:49am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/569 "2022-02-14T06:49:21Z")

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> [@Arumi\_Liz](#):
>
> It’s like someone having an opinion on war without ever serving in one.

I think you should refrain from references because it completely invalidates every post you make every time. Or check what you use to tanslate to and from English.

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**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 14, 2022, 6:51am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/570 "2022-02-14T06:51:54Z")

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> [@Arumi\_Liz](#):
>
> Didn’t it ever occur to you

Did it ever occur to me that most of the professional investors only started investing the last two years? Probably, and they really need to get out. Like that guy who went to Las Vegas with the company’s profits in the hopes doubling them like its Jita local.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 14, 2022, 6:56am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/571 "2022-02-14T06:56:29Z")

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> [@Aedaxus](#):
>
> and they really need to get out

I’m sure they don’t need you to tell them what a sound investment is or isn’t. I think they are perfectly capable of understanding facts and advice without you.

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**Author:** ![Arumi\_Liz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/arumi_liz/32/276823_2.png) [@Arumi\_Liz](https://forums.eveonline.com/u/Arumi_Liz)\
**Post date:** [February 14, 2022, 7:02am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/572 "2022-02-14T07:02:16Z")

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It’s the truth. Only people with an ego larger than they really are worth would be gun ho for a war while most vets I speak to wouldn’t want to return to it.

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**Author:** ![Arumi\_Liz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/arumi_liz/32/276823_2.png) [@Arumi\_Liz](https://forums.eveonline.com/u/Arumi_Liz)\
**Post date:** [February 14, 2022, 7:04am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/573 "2022-02-14T07:04:19Z")

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If I had to choose between listening to professionals or an internet nobody, I’d choose the professional nearly every time.

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**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 14, 2022, 7:49am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/574 "2022-02-14T07:49:57Z")

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> [@Arumi\_Liz](#):
>
> It’s the truth.

No, unlike in whatever dictatorship you live in, or pretend to live in, everyone has the freedom of opinion.

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**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 14, 2022, 7:50am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/575 "2022-02-14T07:50:28Z")

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> [@Arumi\_Liz](#):
>
> an internet nobody,

😃 lol. What an argument!

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**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [February 14, 2022, 7:56am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/576 "2022-02-14T07:56:38Z")

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![old_man_yells_at_bitcoin](https://global.discourse-cdn.com/eveonline/original/4X/7/a/c/7ac6648d52dd6a2ef6789d27c487e479b9a5f563.jpeg)

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<div class="post-metadata">

**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 14, 2022, 8:06am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/577 "2022-02-14T08:06:16Z")

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> [@Arumi\_Liz](#):
>
> I’d choose

You would, but the “Super Bowels” (yes, not spelled correctly but neither do you) had a commercial, a 60 seconds of QR code on people’s screens for around $13 million ( [Coinbase QR code Super Bowl ad: Crypto commercial confuses viewers](https://eu.usatoday.com/story/sports/Ad-Meter/2022/02/13/coinbase-qr-code-super-bowl-ad-crypto-commercial-confuses-viewers/6778949001/) )  
. 😃

Let us take a snapshot of how much it will go up for over the year :

> **[COIN Stock Price | Coinbase Global Inc. Stock Quote (U.S.: Nasdaq) | MarketWatch](https://www.marketwatch.com/investing/stock/coin)**
>
> COIN | Complete Coinbase Global Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

**USD 194.00** monday 14th of Februari 2022. They don’t have a value last year because they only went on the stockmarket recently. lol, I assumed they were there for years, I hereby correct my statement that investors were into the bitcoin thing for years. Apparently not.

Value of Bitcoin : 37327,53 -2.829,10 (7,05%) over the year.

That aside, it’s like when the so-called “dot-com” Super Bowl in 2000, when more than a dozen new internet companies made a big impact on their investors: [Dot-com bubble - Wikipedia](https://en.wikipedia.org/wiki/Dot-com_bubble)

So, what do you guys project? I’m just an internet nobody, but you guys, veterans of the cryptowar, you can give your opinion on 1 month, 3 month, 6 months and a year, right? Obviously for free because I’m like bitcoin-poor. I wait in anticipation and the hopes that those who claim to be of knowledge will be open about it.

#inbefore Arumi posting  
“It’s not that I don’t know, eh… It’s like, eh…I cannot tell you my individual plans as I am so internet famous, one post of me will crash the future of bitcoin.”

😃  
Anyways, Bitcoin will have a boost now, but I predict people getting out now they still can and it will either even up (in and out are equal or peak and fall (in faster then they run to the door but have to HODL and not cut their losses) within 3 months.

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**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 14, 2022, 8:06am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/578 "2022-02-14T08:06:46Z")

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That’s awesome! Probably the best post in the first 500 here.

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**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 14, 2022, 8:11am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/579 "2022-02-14T08:11:24Z")

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> **[Central Bank Digital Currency (CBDC) Tracker](https://cbdctracker.org/)**
>
> Central Bank Digital Currencies are a new form of electronic money that, unlike well-known cryptocurrencies, are issued by central banks of certain countries. CBDC Tracker is an information resource for CBDC with news, updates and technology...

Oh, no no! There is something legal on the way that will be actually replacing bitcoin! 😃  
It is still a few years out… but how do you see the future of your “random corporation money” versus a coin that is backed by a government?

In France IBM will be providing the processing power.

Come on, take the bait!

 ![image](https://global.discourse-cdn.com/eveonline/original/4X/2/8/4/284c0eef5073a954579145bc181eacfb495004c7.jpeg)

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**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 14, 2022, 8:30am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/580 "2022-02-14T08:30:26Z")

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> [@Aaron](#):
>
> Maybe think first before typing? and if you can’t do that, maybe not type at all?

maybe read before typing?

You are making false quote again.

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**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [February 14, 2022, 8:30am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/581 "2022-02-14T08:30:36Z")

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> [@Aedaxus](#):
>
> you can give your opinion on 1 month, 3 month, 6 months and a year, right?

No one can, and if anyone claims he/she is lying.

> [@Aedaxus](#):
>
> Anyways, Bitcoin will have a boost now, but I predict people getting out now they still can and it will either even up (in and out are equal or peak and fall (in faster then they run to the door but have to HODL and not cut their losses) within 3 months.

People like you for example. You don’t know the future. You don’t even know anything about the topic other than some random stuff you hear from the news and then repeat without checking if it’s accurate.

And yet, you make price predictions, but because they are to the downside you feel like you are better than the ones that are super sure it will go to the moon. But you are not, it’s same kind of over confidence.

> [@Aedaxus](#):
>
> Oh, no no! There is something legal on the way that will be actually replacing bitcoin! 😃  
> It is still a few years out… but how do you see the future of your “random corporation money” versus a coin that is backed by a government?

I mean I literally don’t care. In the end all I want is the freedom to chose what I can do with the money I get for the work I’m doing. I want the freedom to pick which currency I want to store my value in, because I earned it, so I decide, not you, not the government, if I use fiat or Bitcoin or bottle caps.

If you want to put your money into a CBDC and be under the complete control, surveillance and mercy of a few then even more powerful people, go ahead, be my guest.

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**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 14, 2022, 8:37am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/582 "2022-02-14T08:37:50Z")

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> [@Karak\_Terrel](#):
>
> repeat without checking if it’s accurate.

We are here to let people like you correct it.

I just want the people who claim they are bitcoin experts post like you that they are not financial advisors, so it’s weird they come onto public forums promoting some shady investment. And I do use that word extremely loose here.

> [@Karak\_Terrel](#):
>
> you feel like you are better than the ones that are super

No, I’m here to stop liars fool people into going into bitcoin. Does this anger you? Don’t be angry at me, be angry at your ‘friends who aren’t financial advisors but went out their way to advise you on bitcoin anyways’.

> [@Karak\_Terrel](#):
>
> If you want to put your money into a CBDC and be under the complete control, surveillance and mercy of a few then even more powerful people, go ahead, be my guest.

Like bitcoin? Right? I’m going to let the others reply before I post what I have ready. It’s fun.

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**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [February 14, 2022, 8:50am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/583 "2022-02-14T08:50:59Z")

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> [@Aedaxus](#):
>
> No, I’m here to stop liars fool people into going into bitcoin. Does this anger you?

No I don’t care actually. I don’t think it’s a good idea to invest into anything you don’t understand that is that volatile and in the end a high risk / high reward investment.

I know why I’m invested in it and I can sleep like a baby even if it makes a -50% dive. Someone who just invests to get rich quick will probably not have a very good time.

> [@Aedaxus](#):
>
> Like bitcoin? Right? I’m going to let the others reply before I post what I have ready. It’s fun.

So who do you think is in charge of Bitcoin and can change and control it and how do you came to that conclusion? And I’m not talking about the price, just so it’s clear, you seem to be kinda fixated on that.

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**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 14, 2022, 9:25am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/584 "2022-02-14T09:25:00Z")

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> [@Karak\_Terrel](#):
>
> So who do you think is in charge of Bitcoin

Google says “No one is”. It’s “consensus”. But that is a lie.

Some shady guy made the first software implementation, then assigned Gavin Andresen to be the reference developer.

In March 2014, the foundation hired Jim Harper of the [Cato Institute](https://en.wikipedia.org/wiki/Cato_Institute) to help it deal with policy issues and the government with the title Global Policy Counsel.

But since no one “owns” it, not sure what he’s going to do, lol, you guys. The more I know about it the more ridiculous the scam looks.

In July 2015, Janssens made a public announcement on both the foundation’s online forum and [Reddit](https://en.wikipedia.org/wiki/Reddit) concerning the near-term insolvency of the organization, which had been kept secret by the board. As a result of this and a lack of cash flow, various staff were terminated.

Oh lol, I couldn’t predict this… 😃 you know… is this on of the many “Wait… what is a wage? This is a passive income!” ROFL!

It took me a few days to persuade a friend of mine that he was in a pyramid scheme. It’s not easy and people always get angry because of the sunken cost fallacy. And HODLing with DIAMOND HANDS won’t get them out. Or rich lol.

What a mess: [List of bitcoin forks - Wikipedia](https://en.wikipedia.org/wiki/List_of_bitcoin_forks)

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<div class="post-metadata">

**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 14, 2022, 9:42am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/585 "2022-02-14T09:42:13Z")

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> [@Aedaxus](#):
>
> Anyways, Bitcoin will have a boost now, but I predict people getting out now they still can and it will either even up (in and out are equal or peak and fall (in faster then they run to the door but have to HODL and not cut their losses) within 3 months.

That won’t happen as long as it allows criminal activities.

Money laundering is what keeps crypto currencies afloat. Basically they allow someone to “mint” something as a form of art, and therefore escape some taxes, and then “somebody else” can purchase it for an enormous amount of money, completely without any look at it from the IRS.

What is usually taxes can then be sent to the bitcoin miners, because it’s even smaller than the tax value they would have to pay.

All this artificial hype around NFTs and the like is just to claim it’s morally acceptable and people “do that normally”. The reality is, it’s just a scam. It’s tax evasion, the “miners” are the one paying the tax loss and they still believe they are making a profit.

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