Tuesday 17 January 2017

MMM A WILDCAT BANK


The money scheme that kept is Nigerian participants awaiting for a period of one month as finally resumed as promised earlier with a scary comeback and a conditional payment. The participants are still in doubt and not satisfy with the mode of payment and introduction of bitcoin as a means of payment, Globally the bitcoin was not recognized , even in advance and developed countries like u.s, u.k and Canada, so on and so forth.


The MMM acted like a financial house in the history of u.k called wildcat  banks, where people deposited their hard earned cash in exchange for ordinary payslip with formatted information. By the time you come back for withdrawal the slip you tender as no value regarded to it and your cash is gone for good.


That how MMM reflect it real picture to it participant in Nigeria, not everybody as bitcoin wallet, you must have this wallet before you can apply for it. The bitcoin works like ATM card, ATM card is not bank liability, but a bank asset. likewise, it won't be the MMM ponzi scheme liability but your liability and their asset.

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