I think not only Vietnam but many countries in south-east Asia facing this problem, so many MLM scheme in those countries I don't know why but maybe it's due to lack of knowledge of the people.
It's not about knowledge.
Asians are known for gambling, be is south-Asia or Japan or China.
It's not strange the Macau and Singapore are getting ahead of Las Vegas in terms of revenues although the average bets are just 1/4. And that if we only consider "legal" gambling.
Plus, due to poverty they sometimes forget about risks and invest just hoping. Easy target for scammers.
In Vietnam, Bitconnect e-money (BBC) has fallen freely on price, falling more than 90%, to yesterday despite the restoration, but also dropped more than 80% has caused the BBC community in Vietnam wobble. 50,000 members of the BBC Vietnam community are at risk of being whitish with total investment of trillions.
Source for that trillion number?
For a country that has a GDP of 200 billions $, how could they have invested 10x their GDP?
That’s very sad. Many Vietnamese lost money. This will cheer you up. I was in Vietnam in 1970 and it’s highly likely that I shot at and missed or successfully killed your father or grandfather. If that didn’t happen, it’s possible that I’m your father.
Quick estimate on how many small Luke QuestionAuthoritySkywalker are searching for the fork at this moment?
