To be honest, everything looks like an undercover Ponzi scheme.
You seem to be far from understanding the state of affairs in world finance and do not distinguish between the concepts of the Financial Pyramid and MLM business.
Before answering you about the essence of the BTCLife.global project itself, let me explain to you what the global financial system today is.
Back in the days of Alan Greenspan, Chairman of the Board of Governors of the US Federal Reserve System, the financial system changed from a three-tier to a four-tier one.
Prior to this, the system had three levels:
- “real” money (gold or other legal payment instrument);
- obligations in the form of deposits (depositary money);
- obligations in the form of traditional securities (bills, stocks, bonds, etc.).
Since then, a fourth has been built over the third level - in the form of derivatives. That is, the fourth level is the obligations that should ensure the fulfillment of the obligations of the third level. In addition, derivatives are designed to ensure the fulfillment of obligations arising outside the financial system, for example, for the supply of goods and services. In turn, “commodity” derivatives have actually become part of the financial system.
Knowing all this and understanding what world finance is today, it’s more likely to call this system the Ponzi game.
We present for you articles of experts on the topic of world finance:
https://www.forbes.com/sites/jeffmcmahon/2019/04/05/the-world-economy-is-a-pyramid-scheme-steven-chu-says/#515800be4f17https://www.weforum.org/agenda/2020/01/wage-inequality-disparity-poverty-wealth-broken-economic-model-oxfam/Will you refuse to participate in this game now? I suspect not. You won’t throw away your cash, close your bank accounts and also will not write on blogs and forums that all this is a fraud.
Unlike global finance, the BTC project doesn't take upon itself any impossible obligations, this is the first and most important thing that everyone needs to understand.
Second, when making a payment, you should understand that in addition to charity you lend assistance to people like you, project participants.
Only 15% of the amount contributed goes to the project, to a charity fund. These funds ensure its existence and administration, and only after the accumulation of any significant funds the project will begin to carry out the stated tasks.
Our founder is a great crypto enthusiast, which is why one of the important goals of the project is to attract as many people as possible to use Bitcoin, those who every day in the media hear about Blockchain technology, but are still far from using it.
Therefore, such a model as MLM was chosen.
We think that in evaluating anything, each person should be guided by knowledge as much as possible for each subject, with an objective view of the subject.
Pay first and then earn, we already know that)
But how could it be otherwise? There is no group of millionaires behind the project, we do not pay the participants out of our own pockets, at least because we do not have such funds. Project participants receive income from the contributions of new participants - this is pure MLM. Besides, where have you seen a charity project pay its members for participation?
That would be suspicious.
Earn and help children at the same time, that somehow doesn't suit each other.
Why?
The children here are most likely just umbrellas.
As I said before, only after accumulation of any significant funds we will begin to carry out the stated tasks. Materials on specific accomplishments that are consistent with our charitable goals and intentions will be posted on the project website. The Chinese philosopher Lao Tzu said: "A journey of a thousand miles begins with a single step". For us, such a step was the creation of the project.
Where is the project registered?
The legal entity on behalf of which the project operates is registered in the Republic of Seychelles.
When I see webmoney and perfect money as a payment option on the website, it tells me that there are Russian people behind the project, and in this context there is simply a red flag
Sorry, we thought that
WebMoney "is a global settlement system and environment for online business activities" which supports
BTC. Also it seemed to us that
Perfect Money is "a new payment system was offered to the world which combines all the progress and best achievements of the global economists and technologists in the fields of electronic currency". We are sorry if the use of these payment systems confused you. We will be glad to hear suggestions on the use of other systems that allow to exchange fiat money for cryptocurrencies quickly and easily.
And the last one. The project was conceived and developed by an international team, there are Bulgarians, Germans, Ukrainians among us...
But reading your post a question arises for you about Russians: aren't Russians a part of world culture, science and civilization as a whole? Does fraud have a nationality? And if representatives of a certain nationality were scammers, are all other representatives of this nationality now scammers by default?
Nazism is a dangerous thing that has destroyed millions of lives in the past.
But as for the rest, we are always ready for constructive criticism, dialogue and cooperation.
So instead of unreasonable criticism and accusations, it’s better to take part in the project, check that it works as stated, at least in terms of the interaction between the project and its participants. The first reward in the amount of your entry deposit is accrued to you upon registration of only four participants under your place in the structure. This amount is immediately available for withdrawal. In total, one place in the structure can bring you 0.222 BTC. Give it a try.
