"Cryptocurrency on its own has NO VALUE, nothing. Nothing at all. It is not backed by government, it is not backed by gold," says Dr. Ruja Ignatova.
By Collins Wanderi
Dr. Ruja Ignatova is a convicted Bulgarian fraudster. She founded the cryptocurrency ponzi scheme known as OneCoin. Through the scheme she stole 4.6 billion dollars from STUPID investors.
In Kenya, some dimwits lost a sum of about Sh240 million. But fools never learn. Scammers are on the prowl again, promoting e-wallets, forex trading, investment in gold and super-profits from all manner of digital currencies and virtual markets.
You have to be extremely stupid to believe that you can make money by sitting idly and following internet hype. Demand for virtual currencies is driven by nothing but hype.
"Promises for a super non-inflationary money is the fantasy of fools."
Digital platforms like YouTube among others dictate that you have to create something tangible and authentic to gain.
CHART OF INTEREST
NOTE: My duty and responsibility as a Forensic Auditor and Certified Fraud Examiner is to inform and educate you. What you do with the information is none of my business.
But feel free to tag the fools who lost their savings after ignoring my repeated warnings about quails farming.
ABOUT THE AUTHOR
Captain Collins Wanderi comments on socio-political and economic topical issues. Follow him on Facebook HERE.