Will Bitconnect Last in the U.S?
I really had high hopes for Bitconnect to be here for a long time. At least longer than ending in 30 days from the day that Texas sent the decease of funds. Now I am not sure if Bitconnect will last in the U.S for a while longer. As badly as I would like for Bitconnect to stay, the government always seems to come up with laws to hold us citizens back. I hope this plays out well and Bitconnect stands up for themselves, because my goal was to get my Bitconnect account to 10,000 to have a good amount of passive income.
For the time being, I have been using Tunnel Bear as explained in my video in order to have an IP show from Canada. Tunnel Bear is pretty good. You can also get 1GB of data free if you tweet about them. So, so far that has been the best method to log into Texas.
The problem with Bitconnect is that even if it is a ponzi scheme many people in crypto will still participate on the basis that it is a gamble that they are getting in early enough to get out. Its almost like an online game people play. That said with the amount of money that is passing through Bitconnect; if it is a scam, they are going down yet there is no guarantee that users will be able to recoup their money. That is the catch-22 for regulators and users both.