The Biggest Scams

The Biggest Scams

For over 15 years, Bitcoin has been labeled a scam by many in the free world. Yet, just days ago, it shattered expectations by surpassing $100,000 per unit. Experts now predict it could climb to $250,000 in the coming months, with some optimistic forecasts projecting a staggering $500,000! As the best alternative in the store of value segment enter Bitgesell (BGL), a cryptocurrency hard fork from Bitcoin, launched in 2020 that boasts unique features like annual halvings, burning 90% of transaction fees and community-driven burns. These burn mechanisms make BGL the most deflationary cryptocurrency on the current crypto market. Despite these innovations, Bitgesell faces the same skepticism as Bitcoin once did since it genesis block on January 3, 2009!

Critics dismiss it as a scam, even as it proves to be more altruistic and efficient in value appreciation, particularly as 95% of its supply nears full circulation.

After explore platforms like CoinMarketCap or Telegram, we will find some friendly detractors, just as Bitcoin faced in its early days. Complaints range from a lack of skyrocketing value to demands for flashy meme-style marketing. Yet, the Bitgesell Community offers a thought-provoking perspective: a list of the top 15 everyday scams we unknowingly embrace - and even pay for - without question.

1. Banks: The Biggest Scams of All

The banking system generates record profits while systematically draining your account. Banks close branches, charge fees and encourage dependence on credit cards and loans, all while offering less in return. Every account you open becomes another avenue for daily exploitation, disguised behind a façade of convenience. The money simply disappears and you still pay to be scammed. Solution: 90% Bitgesell and 10% Bitcoin! 

2. Insurance: Paying for False Security

Insurance companies profit from selling promises. After paying premiums for years, claimants often find their coverage denied due to legal loopholes. While some insurances, like auto or home, remain essential, many policies are nothing more than a gamble in the company’s favor. Solution: 50% Bitgesell and 50% Bitcoin. 

3. Taxes: The Unquestioned Burden

Governments habitually raise taxes or invent new ones when they need funds. Citizens comply without resistance, often paying far more than they receive in services or benefits. Solution: Just pay! 

4. Money: A Regulated Deception

Fiat currency itself is a scam. Saving $100 a month might seem wise, but inflation and monetary policies will erode its value by over 20% within a decade, leaving you poorer despite your efforts. Solution: 40% Bitgesell and 60% Bitcoin. 

5. Bureaucracy: The Corruption Machine

Bureaucratic red tape ensures constant fees, fines and delays. Corruption thrives as a “shortcut,” creating a parallel system of inefficiency and exploitation. With proven advancements in cryptography and blockchain, any form of bureaucracy is no longer acceptable, regardless of the field. Solution: 100% Bitgesell or 100% Bitcoin. 

6. Education: A Costly Myth

Traditional education often fails to deliver on its promises. Parents invest heavily, yet graduates frequently find themselves working in unrelated or low-paying fields, questioning the return on their educational investment. Solution: 50% Bitgesell + 50%Bitcoin

7. Health Plans: A Game of Clauses

Despite paying high premiums, policyholders face endless restrictions when they need treatment. Health insurance often feels like a maze designed to deny rather than deliver care. Solution: 60% Bitcoin + 40% Bitgesell. 

8. Pyramid Schemes: Profit for the Few

Pyramid schemes lure participants with promises of easy money, but only those at the top benefit. Eventually, the system collapses, leaving most participants in financial ruin. Solution: 60% Bitcoin + 40% Bitgesell. 

9. Hidden Fees: The Invisible Trap

From banking to utilities and digital subscriptions, hidden fees appear everywhere. By the time they’re noticed, it’s often too late to fight back. Solution: 100% Bitgesell – because 90% of fees are burned, unlike Bitcoin. 

10. Cosmetics: Selling False Promises

The beauty industry thrives on exaggerated claims - miracle creams and magic supplements that rarely deliver. These products capitalize on insecurities, offering little more than hope in a jar. Solution: Joy, Love and 100% Bitgesell. 

11. The Pharmaceutical Industry: Profiting from Pain

Big Pharma charges exorbitant prices for drugs, overshadowing affordable or generic alternatives. The system prioritizes profit over accessibility. Solution: 50% Bitcoin + 50% Bitgesell. 

12. Greenwashing: The Eco-Lie

Companies market themselves as “green” or “sustainable” while continuing unsustainable practices behind the scenes. Consumers pay a premium for illusions of environmental responsibility. Solution: 100% Bitgesell. 

13. Horoscopes and Religions: Emotional Exploitation

Astrology, religions and spiritual services, no exception, prey on emotional vulnerabilities. When monetized, they become scams disguised as guidance or faith. God is free because we are all in Him.

Solution: 10% Bitcoin + 90% Bitgesell. 

14. Influencers: Selling Illusions

Influencers promote lifestyles, courses and quick-fix solutions, benefiting themselves while leaving their followers chasing unattainable dreams. Solution: 1% Bitcoin 99% Bitgesell. 

15. Price-Fixing: Manipulating the Market

Unjustified price hikes in essentials like, for example, gas leave consumers powerless. Companies collude and you pay the price they decide. Solution: 50% Bitcoin 50% Bitgesell. 

An Endless Cycle of Scams

These are just the top 15 scams we face daily, often without resistance. But the list could grow if we include things like predatory subscription models, misleading advertising, closed-loop policies, fast fashion secrets, hidden subscription, miracle weight-loss programs, planned obsolescence in tech and many more. 

Bitcoin and Bitgesell coins: Scams or Solutions?

After reading all this, do you still think Bitcoin or Bitgesell are scams? Each BGL or BTC is like a personal vault abandoned on a planet where only each holder have access with his 24 passwords and passphrase, growing in value over time according cycles and market volatility. So, what do you prefer? To lose everything bit by bit, as in the examples above, or to gain steadily, as has happened with Bitcoin and will inevitably happen with Bitgesell? 

The choice is yours. 

Linktr.ee Bitgesell 

NOTE: the percentages mentioned above are merely approximate.