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Learn what securities are, maybe check what the Howey Test is. BTC is not a security. The scams/ponzi's I mentioned already are (were) unregistered securities, sure the SEC maybe doesn't have manpower to go for them all, but they'll probably fail before they have a chance to be called out by SEC.
Please quit promoting the Elephant ponzi. You sound like you're getting really emotional about it, this is when you know you're culting it up. Control yourself. Take your emotion out. You must be overinvested. I really hope you can make money, but promoting ponzi's are not the way dude.
As for Bitcoin, i dont care what you do, don't buy it, BTC doesn't offer yield off the backs of new users like Elephant ponzi. I suggest people protect themselves from inflation, BTC is best from my research/knowledge, but others might choose real estate, index funds or gold, but holding cash for long term is financial suicide.
Have luck fella & thanks for the twatwaffle lesson, reminds me of 4th grade lol
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