# NFT's are Fundamentally a MLM-Type Scam Designed to Get You to Buy Crypto **URL:** \ **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:** 36
**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 19, 2022, 3:48pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/731 "2022-02-19T15:48:54Z")
My narrative is facts and honesty. You struggle because you realise person Y from colombia will have to at some point register with an exchange to get his money. either that or sell it to another criminal for a lower amount of physical cash. ---
**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 19, 2022, 3:49pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/732 "2022-02-19T15:49:56Z")
That’s good. We are talking about NFT’s based on crypto and how it affects the world and how it could affect the game we all play. ---
**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 19, 2022, 3:55pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/733 "2022-02-19T15:55:10Z")
> [@Aaron](#): > > You struggle because you realise person Y from colombia will have to at some point register with an exchange No he doesn’t, he uses the BTC as a placeholder. If that word is better. The placeholder insures person Z he would have money in case the appartment block/house doesn’t get the rent person Y hopes to get. I hope I explained this example but there are other examples which are less straight forward but none of them should involve Person Y redeeming any BTC for cash unless he’s going to retire and even then it would be stupid. He better tells no one of the BTC and lets it go ‘to sleep’ when he dies. ---
**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 19, 2022, 3:58pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/734 "2022-02-19T15:58:02Z")
> [@Aedaxus](#): > > No he doesn’t, he uses the BTC as a placeholder. If that word is better. > The placeholder insures person Z he would have money in case the appartment block/house doesn’t get the rent person Y hopes to get. Sorry you have completely lost me. ---
**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 19, 2022, 3:59pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/735 "2022-02-19T15:59:16Z")
> [@Aaron](#): > > Sorry you have completely lost me. It’s ok, it was just one of the many examples. And it is quite a complex system. We can just discuss other things as I’m certain we have some kind of translation/language barrier going at the moment. ---
**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 19, 2022, 4:01pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/736 "2022-02-19T16:01:25Z")
No, In your effort to promote BTC is a scam you have reached a hurdle, and you are squirming, rethink whatever your thinking and then explain with facts how person Y from colombia will get his BTC from a shady deal turned into physical cash. ---
**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 19, 2022, 4:01pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/737 "2022-02-19T16:01:31Z")
> [@Aedaxus](#): > > We can just discuss other things as I’m certain we have some kind of translation/language barrier going at the moment. It’s called dura mater. Again, no brain, no pain. > [@Aaron](#): > > rethink whatever your thinking Says the retard claiming that GPU and ASIC are the same. > [@Aaron](#): > > explain with facts how person Y from colombia will get his BTC from a shady deal turned into physical cash. says the retard claiming that > [@Aaron](#): > > . I have a 100% belief that BTC is currency. There is not anything you can say in the known universe to change this. Either it’s currency and it does not need to be exchanged. Or it needs to be exchanged for currency, and it’s not. ---
**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 19, 2022, 4:05pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/738 "2022-02-19T16:05:17Z")
> [@Aaron](#): > > how person Y from colombia will get his BTC from a shady deal turned into physical cash. Person Y and his business partner Person Z build an appartment complex, right? The persons A, B, C, D, E and F who rent the building pay real money, right? It’s not a currency it’s more like a safeguard. Person Y also sells those videocards per gram locally anyways. **You keep on saying it’s a currency and also keep saying it has to be converted to a real currency. Kinda weird flex.** ![image](https://global.discourse-cdn.com/eveonline/original/4X/6/f/f/6fff5e85b8a1accf10386da4e66e534ebac9e70b.png) ---
**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 19, 2022, 4:15pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/739 "2022-02-19T16:15:34Z")
While the original person who received the GPU’s is arrested for other offences and his house searched and GPU’s found, which happen to be the same ones stolen. How can you be sure this person won’t show the bitcoin address he sent the money to to the police? and then the police can get that BTC frozen. Lots can happen, please stop talking like its easy for criminals to use BTC, factually it is not. You’ve had my full agreement on environmental issues and BTC, so you can’t try to pretend I’m ignorant. ---
**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 19, 2022, 4:23pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/740 "2022-02-19T16:23:00Z")
> [@Aaron](#): > > While the original person who received the GPU’s is arrested for other offences That sometimes happens, but the hypothetical Person X is not arrested yet. So I’m not sure why you change MY hypothetical story to suit your narrative. But okay, lets assume the internet police breaks down Person X’s front door and arrests him while searching his house… for let’s say public indecency and peeing in the mailbox of the federal police station. Why would he talk? Does he hate his fingers? How will the Hypothetical French Federal Police make sure Person Y from Columbia doesn’t send his team from Miami to deal with Lonny Looselips (Person X’s nickname, ok lol)? But yes, I can understand that if some random idiot becomes an international drug trafficker and gets caught he will immediately show all financial transactions hoping he will be completely broke when he leaves jail. Hypothetically speaking this is a danger but then again, I think Person X is [a smart Frog.](https://www.youtube.com/watch?v=k85mRPqvMbE) ---
**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 19, 2022, 4:24pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/741 "2022-02-19T16:24:27Z")
> [@Aedaxus](#): > > That sometimes happens, but the hypothetical Person X is not arrested yet. So I’m not sure why you change MY hypothetical story to suit your narrative. No I changed it to reflect reality, police do raid houses if a judge signs off on it. I’m not saying it will happen in your example I’m saying to consider it as a possibility which is what criminals will also do. > [@Aedaxus](#): > > Why would he talk? Does he hate his fingers? How will the Hypothetical French Federal Police make sure Person Y from Columbia doesn’t send his team from Miami to deal with Lonny Looselips (Person X’s nickname, ok lol)? He might be offered a lighter sentence if he talks, this is something criminals also have to consider when dealing with other criminals. ---
**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 19, 2022, 4:29pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/742 "2022-02-19T16:29:03Z")
It does happen on occasion, but if they snitch, they risk the stitch (or worse). But getting caught or not isn’t affected by the bitcoin. Bitcoin is a very useful tool being better than the [Western Money transfer](https://www.icij.org/investigations/fincen-files/the-fastest-way-to-send-criminal-cash-money-transmitters/). Because a non business is always better than a business that is being subjected to government oversight. That’s what I in general try to explain. Regularisation and centralisation (per economical region or country)is an important factor of cryptocoin’s acceptance. ---
**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 19, 2022, 4:31pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/743 "2022-02-19T16:31:08Z")
> [@Aaron](#): > > He might be offered a lighter sentence if he talks, this is something criminals also have to consider when dealing with other criminals. He has a lot of competitors to give to the police lol. he’s not going to cut the branch he’s sitting on. Neither does a rabbit gnaw off a leg that’s not trapping it. If what you assume would work, drug crime would have ended in the late 80’s. But we all know better. It’s more centralized and powerful than ever and bitcoin is just another stepping stone to make it easier and faster. ---
**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 19, 2022, 4:37pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/744 "2022-02-19T16:37:43Z")
> [@Aedaxus](#): > > But we all know better. It’s more centralized and powerful than ever and bitcoin is just another stepping stone to make it easier and faster. I’m sure some criminals use it successfully, perhaps it’s more lower value transactions that help criminals stay under the radar. Did you know in the UK if you walk into a bank with £50k in cash they can actually call the police and get you to confirm how you got it. I think Crypto exchanges will eventually have to report this type of thing. ---
**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 19, 2022, 4:39pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/745 "2022-02-19T16:39:15Z")
That’s awesome. But what if they say the sold an NFT? 😉 PS: Just kidding, it’s good that there is a check on large transactions, if not the situation would be even worse. ---
**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 19, 2022, 5:40pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/746 "2022-02-19T17:40:52Z")
[![](https://global.discourse-cdn.com/eveonline/original/4X/7/a/a/7aa2ea0c95fb97bd5416d21e7fe23c9ac307e041.jpeg "If Cryptocurrency Was Honest | Honest Ads") ](https://www.youtube.com/watch?v=GUs5y9leCyA) Oh, and also ; [![](https://global.discourse-cdn.com/eveonline/original/4X/5/e/3/5e3aad03639ba915743de9739434fec1ae1dbaf8.jpeg "If NFTs Were Honest | Honest Ads") ](https://www.youtube.com/watch?v=sG_v4bb2e4k) ---
**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 19, 2022, 5:47pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/747 "2022-02-19T17:47:41Z")
“techno gibberish so you’re hypnotized into believing crypto is futuristic”. Could not be more on point… > [@Aaron](#): > > which makes NFT’s valuable, this is such a cool and futuristic way of doing business. “a savy investor like you should not fret into boring technical details” OMFG it looks like Aaron posted on their site before they made the vid 😃 “I’m sure you definitely won’t end up like the many amateurs who lose their life savings on a gamble they don’t understand because a fast talking youtuber with no credential and a vested interest in keepin the scheme going told them to give it a shot”. That looks that someone in that thread … not sure if Aaron is youtuber though. But I know he is slow thinking. ---
**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 19, 2022, 6:05pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/748 "2022-02-19T18:05:17Z")
“You can buy [NFT] now and sell it later to someone dumber than you. […] They have other uses too, like escaping taxes and money laundering” “worthless fantasmagorical non-investments”. Yep, SCAM. ---
**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 19, 2022, 10:36pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/749 "2022-02-19T22:36:39Z")
[![](https://global.discourse-cdn.com/eveonline/original/4X/a/9/f/a9fa7316793a93c74b3ad8343620206687ead173.jpeg "How Bitcoin Became El Salvador's Currency") ](https://www.youtube.com/watch?v=aVVZXUFItZY) [![](https://global.discourse-cdn.com/eveonline/original/4X/d/0/e/d0ec20fe6a581fb75bc9b1f3770e08956216a100.jpeg "Intel Is Now Making Bitcoin ASIC Miners") ](https://www.youtube.com/watch?v=7jYiVq9aucY) This is an interesting video, apparently the last bitcoin will be mined in 2140 so if intel can make the best miner/asic that would be good. Most miners actually think Bitmain and other manufacturers are awful. It’s most likely AMD and Nvidia will make their own asic’s for BTC, this will create an income for the next 120 years. The 2nd video is Voskcoin, he is a crypto miner and youtuber, it’s a good channel he explains mining very well and has visited some of the biggest GPU and ASIC farms in the world. ---
**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 20, 2022, 12:11am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/750 "2022-02-20T00:11:51Z")
El Salvador accepts bitcoin. Meet Milton - Needs food for “Nessesito dos dollars”, they offer him food for “una dollar”. O.o - Has trouble to save cash but can save bitcoin, because it’s bitcoin. O.o - Keeps waiting, as it will go down. But hopes it will go back up. Went down 23.41% Meet random bitcoin sponsored trader: - Answers “Do you prefer bitcoin or cash with” “I save money with bitcoin but I do like cash”. - Lost $20 on bitcoin value. - gets asked again “Bitcoin or cash”, both are legal tender, “da ■■■■ is wrong with you”. - has issues with Strike and PoopyCoin because it doesn’t send email. Meet random bitcoin user - Keeps being worried that the coin has been going down for a year. Hopes it will be fine. Meet foreigner looking guy who is the Bitcoin beach founder - keeps kids out of gangs. - Proves that bitcoin is the money of the poor while smiling. Looks down at 1st world countries that have issues paying. Not sure what these issues are. - Transforms the country and the world, doesn’t need to explain. - Free people from the banking system? - People wo got expluded because \*\*\*\* ? - Jack Dorsey founded national sportsteam in bitcoin. Some random guy - Bitcoin makes him walk the street and smile! Corrupt officials hate sanctions, love bitcoin. It keeps going on showing you can pay bills with legal tender. It’s soooo easy! Because he had to take the bus 1 hour, wait an hour, get back 1 hour. Doesn’t like the banks app because that would have skewed his false comparison. Oh, and then the second video about how an American company can make devices better (less wastefull) than a Chinese one… who would have guessed it, it did lack the LIVELEAK logo though. It will be zero carbon footprint, they say. They say. Let’s hope so. But I think it’s a scam. Update from Reuters : > **[One month on, El Salvador's bitcoin use grows but headaches persist](https://www.reuters.com/technology/one-month-el-salvadors-bitcoin-use-grows-headaches-persist-2021-10-07/)** > > A growing number of El Salvadorans have experimented with bitcoin since the country became the first to adopt it as legal tender last month, with a couple of million dollars sent daily by migrants using the cryptocurrency. Actually, they hope US crypto to be sent to El Salvador. lol. To increase the money supply and print money. #InBeforePriceRises. But yes, it’s for the poor, so tehy can fork out more money. The Bukele government hopes that 2.5 million Salvadorans living in the United States will eventually send remittances through Chivo. [Previous page](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814.md?page=35) [Next page](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814.md?page=37)