In 2015, Mavrodi, the founder of 3M and the "grandfather" of financial pyramid schemes, was released from prison and re-entered the criminal world. This time, he set his sights on China, a land full of miracles and gold. At the same time, Bitcoin was also quietly rampant in China.
In the second half of 2015, all kinds of publicity about 3M swept the city like mushrooms after rain. Even many friends in my city joined in. To be honest, do you think they didn’t know that this was a Ponzi scheme?
In fact, most of the people who joined in knew about it, but think about it, as long as people are exposed to it, under the temptation of huge profits of 1% a day and 30% a month, very few can resist the temptation, and basically they all join in.
Secondly, the investment amount ranges from a minimum of 60 yuan to a maximum of 60,000 yuan. Basically, people who come into contact with it, under the temptation of huge profits, will more or less invest a part of it, or even all of it. It is simple and crude, and there is no need to worry or work hard. As long as you pay the money to the platform, you will receive a generous return of up to 130% in a month. How many people can withstand this temptation?
Since it involves the issue of money transfer, everyone knows that the government is still quite strict in this regard, so if you transfer money back and forth, the financial risk is huge, and the bank card can be frozen at any time. For this reason, the 3M team has come up with the best financial solution! That is Bitcoin!!!
The decentralized nature of Bitcoin was perfectly utilized by the 3M team. Although everyone basically knows that 3M is an obvious Ponzi scheme, to be honest, it is precisely because of 3M that countless people have learned about Bitcoin and realized its power.
Just imagine a wallet that can trade 24 hours a day, with anonymous transfers and high privacy. It was a big hit at the time. At least hundreds of thousands of people learned about Bitcoin and used Bitcoin because of 3M!
To put it bluntly, a large part of the current half of the cryptocurrency world are actually players at that time.
Then after 3M had been running stably for several months, in October 2015, the 3M team launched a shocking upgrade! That is the final madness, Super 3M!!!
The statement said that the profit for this month could reach 100% and could be withdrawn at any time. The profit was more than three times the previously stated profit. However, it was also necessary to complete various "interactive tasks". The interactive tasks at that time were to show up on major social platforms, post tweets, and post videos to promote 3M, and spread it virally, so as to deceive more people into joining!
People in 2015 were still relatively naive. How could they have ever seen such a scene?
So they rushed in like crazy, basically imagining that as long as they played for a full month, they could get their principal back, and then use the rest of the profits to roll around, making a huge profit. As a result, this fund pool continued to attract a large number of players to join in!
The trend at the time caused the price of Bitcoin to soar from less than $200 in September 2015 to more than $500 in early November.
Even when the bubble burst, on December 26, 2015, MMM issued an announcement stating that all measures used to save and stabilize had failed and could not overcome the crisis, so it announced a restart and a fresh start.
Some players pointed out at the time that this meant that investors who had not withdrawn their money before would no longer be able to withdraw it, and all their invested money would be wasted.
The Ponzi scheme also took advantage of human greed, taking advantage of the fact that most people wanted to make a fortune overnight, etc. However, after the revelry, everything was in tatters, and 3M eventually bankrupted countless families at the time.
You can embrace Bitcoin, but be sure to stay away from Ponzi schemes!
