scams

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Hey wasn’t this that scammydavisjr place? Yes, it still is, sort of. This site started as a list of scammy btc faucets and services. A place to warn people to avoid these types of traps:

HYIP (High Yield Investment Program): is a type of Ponzi scheme, an investment scam that promises unsustainably high return on investment (ROI) by paying previous investors with the money invested by new investors.

Ponzi (Ponzi Scheme): is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities.

Now, on to the list.

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