[p2p-research] Virtual currency scams.

Ryan rlanham1963 at gmail.com
Sun Nov 1 13:56:52 CET 2009


  Sent to you by Ryan via Google Reader: Virtual currency scams. via The
Paradigm Shift by Markus on 11/1/09


Looks like the media finally wakes up to the fact that much of the
social gaming/virtual currency is in fact a complete scam. Its been a
open secret for at least the last 3 years, that no one ever questioned
any of this is absolutely amazing.

A lot of the networks promoting these offers are nothing but a smoke
screen and if you dig deep enough you will see many of the
people/companies pushing the offers are facing multiple lawsuits in
many states. The top people/companies in these scams are pulling in
revenues of over a million dollars a day. Should be interesting to see
just how much of an effect this will have on facebooks revenues.

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