Yes, but no I'm not a fanatic about Bitconnect. I do hate Saltlending because think about the business model for a moment. Salt Lending encourages crypto people to go into debt to the banks. Does that seem attractive to you? If it does why not just stay in fiat and use a Visa card? My post and my response to the post above is more anti-bank than pro Bitconnect. My opinion is the Ponzi Scheme is the bank charging us to lend them money! And Salt Lending is pure evil, they want to encourage people to spend money which doesn't even exist, based on exploiting hype cycles in crypto.
Some foolish person will think if they borrow off their Bitcoin stash that somehow having fiat to spend off that collateral is a good idea? So what happens if the price of their Bitcoin in collateral goes down? Can they lose their collateral?
Answer this, what do you need a bank for if you have crypto? And what do you need credit for if you're a multi millionaire in crypto? My guess is you are the sort of person who thinks banks, inflation, debt, high interest on college loans, are helping to grow the economy.
RE: 📣 Do Not Invest in Bitconnect Ponzi 📣 - Part II - Mr Lemon VS craig-grant