26 May '15, 12pm

Earn Bitcoin Reading Classic Books

Earn Bitcoin Reading Classic Books

I think [faucets] definitely get a bad reputation, and there is a bit of crap out there. […] I see the real dark side of Bitcoin from this view as well, because you need the advertising money and it’s good to have the advertising money in Bitcoin, but then someone will advertise a Ponzi on my website and I’ve got to sort of monitor it and check on it and get rid of it. Some of the ad platforms – the whole economy in Bitcoin, even on this micro level where you can buy and sell advertising while paying people in Bitcoin, a lot of our business is running purely off Bitcoin, but some of the advertising networks are, in the spirit of Bitcoin, they’re anonymous. So if they run a Ponzi, they can just come on and advertise and then back out and there’s no trace of them. So I think that needs locking down a bit. I think there should be a bit of regulation.

Full article: https://www.cryptocoinsnews.com/earn-bitcoin-reading-clas...

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