Yeah I have been warning people for a while.. It's not 100% certain to be a scam, you never know until it all comes tumbling down, but it sure as hell always looked like one. It's just sad that a bunch of Youtubers got a lot of newbies to get in. At some point those are going to be the real victims while I am sure the guys on top who have been earning, will not be losing all that much..
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I fully agree that this will not end well. Thanks for your efforts in getting the word out.