Thanks for stopping by to read my Bitcoin4All Club Review!
Is Bitcoin 4 All a 0.01 BTC Cash Gifting Scam or could it be a legit way to make money on the internet?
Lets dig a bit into this company and see what we can find.
Bitcoin4All Review – Company Overview
There is absolutely no information whatsoever on the Bitcoin4All Club website specifying who owns or runs the business.
The Bitcoin4All Club website domain, bitcoin4all.club, was privately registered on January 4, 2017.
At the time of this review, Alexa estimates that the main sources of traffic to the Bitcoin4All Club website are the Netherlands (34%), India (12%) and Nigeria (12%).
Having said that, it is very likely that whoever is running Bitcoin4All Club is based out of one of these three countries.
And, as I’ve always stated, if an MLM company is not willingly truthful about who is running or owns it, think long and hard about handing over any money.
Bitcoin4All Club – Product Overview
Bitcoin 4 All Club has no retailable products or services at all, with members only capable of marketing Bitcoin4All Club membership itself.
Together with Bitcoin 4 All Club membership you will get ad credits, which can be used to display advertising on the Bitcoin4All Club website.
Bitcoin4All Club – Compensation Plan
The Bitcoin4All compensation plan has members gift bitcoin to one another through a uni-level compensation arrangement.
A uni-level compensation arrangement puts a member at the top of a uni-level team, with each personally recruited member placed directly underneath them (level 1).
If a level 1 member recruits new members, they are then put onto level 2 of the original member’s uni-level team.
If a level 2 member recruits new members, they are then put onto level 3 and so on and so forth down a hypothetical countless number of levels.
Once a new Bitcoin4All Club member signs up, they gift 0.01 BTC to 10 current Bitcoin4All Club member accounts.
Two of those accounts are owned by the Bitcoin4All administrators. The other eight are direct up-line members.
Payment to each account is an equal share of the 0.01 BTC gifted in, equating to 0.001 BTC to each account.
After making a 0.01 BTC gifting payment, a Bitcoin4All Club member earns commissions through direct and indirect recruitment.
Every time a new member is recruited into the first eight levels of their uni-level team, they receive a 0.001 BTC gifting payment.
Bitcoin4All Club membership is completed by a 0.01 BTC gifting payment.
Bitcoin4All’s deceitful nature is on display with just a simple visit to the company’s website. They state:
“Firstly this is a perfectly legal way of making money and has been proven time and time again to be 100% successful.”
Let me just say that there is nothing legal about cash gifting scams. And, cash gifting has never been proven to be “100% successful”.
By virtue of the business model trusting a continuous source of freshly recruited members to gift funds into the scheme, cash gifting scams are unmaintainable scams.
Bitcoin4All Club – My Thoughts
The individuals who join early will receive the mainstream of funds gifted into the scheme, along with the administrators.
This is because of the spots sitting at the top of the company-wide uni-level team.
The bundled ad credits are useless, serving only as pseudo compliance in an attempt to legitimize financial deception.
And again, as with all gifting schemes, once member recruitment dies out, so will gifting payments within the system. And the website says:
“Do you give refunds? Your membership is NON-REFUNDABLE. All payments are final.”
Bitcoin4All Club will ultimately fail, resulting in the mainstream of members losing money.
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