On September 21, the organizer of the first in the US financial Bitcoin pyramid admitted his guilt. Texas resident Trendon Schevers faces up to three years in prison. He is not going to appeal the verdict. Bitcoin Savings & Trust, organized by Shavers, worked according to the so-called
“Ponzi scheme” : the funds of the new participants in the pyramid were used for interest payments to old depositors.
Shavers promised investors 7% per week or 3641% per year.
They just needed to invest their money in securities denominated in virtual currency. Thus, the “Bitcoin Mavrodi” attracted 764 thousand bitcoins worth more than $ 4.5 million. The funds that remained with the great combinator of payments to old investors, he used very “original”: he bought a used BMW M5 car, a snack bar in Las Vegas, and also visited a casino and spa.
Bitcoin Savings & Trust operated from September 2011 to September 2012 and brought losses to 48 investors. At the peak of the pyramid, Shavers controlled about 7% of bitcoins in public circulation,
writes Slon with reference to Reuters.
')
On September 17, Megamind
wrote that it was not possible to earn another currency buyer on Bitcoins. The head of Sberbank, German Gref, reported that he had acquired a cryptocurrency (this is no longer a pyramid). The financier suffered losses associated with the devaluation: Bitcoin fell more than the ruble.
Currency increasingly gaining popularity. It is accepted as payment by some taxi companies, pizzerias, clothing stores, not to mention freelancers. Now
accepts bitcoins and one of the largest banks in the UK -
Barclays . True, so far only as donations to charities.
Bitcoin currency appeared in 2009. It is the most common among virtual currencies. New bitcoins are created by continuously calculating the hash function. Bitcoin emission is limited by software - more than 21 million of them cannot be released.
The
Qiwi payment system is currently
engaged in the development of Bitruble - cryptocurrency, the principle of operation of which will be similar to Bitcoin. To launch the national cryptocurrency, the company will need several hundred million ordinary rubles. Beatrubles will start working in 2016.