S113: Welcome to bear market

MONEY SERIES | 12-APRIL-2025

TECHNOLOGY SERIES

This is Sirflex speaking, Your Host! GM everybody, I officially welcome you to today's space.

Bitcoin Statistic Today MarketCap : $1.66T Price : $84,026.10 Volume: $45.52B

as of this morning, the volume traded on bitcoin was 45.52B and the price of bitcoin is ranging, practically unchanged since last saturday

Thanks for tuning in, comrades!! It's important to know that other people also need to join us in this conversation, so share this space, and tag a friend.

NEWS

1. X, formerly Twitter, is now owned by xAI, as Elon Musk sold X to xAI for $33 billion.

2. In Argentina, LIBRA failed. people now lost trust in Milei, Argentina's president

3. CBEX, PCEX, WWCOIN, EARTH RADIUS (ETU), NT MDI

Ponzi Scheme?

Comrades, in this country, ponzi scheme don't just survive, they thrive!, Why? seh the poverty too much ni? abi na greed? abi e dey intentional.

"when they say don't do ponzi, you will say, i will do it, do what you want to do."

and that's why we are here today.

QUESTION OF THE WEEK What is that red flag that made you know that it was ponzi. Dont say it's because Davido was on it, no talk say brain jotter post am o, ...

Because alot of things are devatable about ponzi, and alot of conversation need to be held. why does it still prevail. is it lack of financial literacy, abi High unemployment and hunger for quick money, is it cultural trust in "referrals". one other big factor is social media glamorizing fake lifestyles.

But good news, in 2022, A bill was proposed to the senate house, 10 years for you if you promote ponzi, 40million Naira fine, if you launch one. there is an update on that today. meanwhile, what about that were upline? that adds up to the poll of the day?

POLL OF THE DAY

Who do should be held responsible for ponzi scheme?

1. The promoter

2. The Creators

3. The wèrè upline

4. police maa ko everybody/ police park everybody

While you are attending to the poll, some of the key points to Discuss today

KEY POINTS

1. Real Stories, Real Scars in Ponzi Journey

2. Ponzi scheme as a whole, different types, and the purnishment

3. Sweet Profit and the Silent Traps

REMEMBER THE RULES

1. Engage the polls, engage the comment section, and show reactions so we can all have a wonderful experience today.

2. Today's series is sponsored by SIRFITECH,

3. Remember, you stand a chance to win up to N10,000 when you comment, retweet, and share your opinion about the matter at hand!

Welcome to Breakfast w/ Blockchain

Welcome to Breakfast with Blockchain, Here, we talk about the world of Web3, explore groundbreaking innovations, discuss the impact on our environment, and keep up with the latest developments.

This Saturday and every other Saturday at 10 am, we gather here to chat.

Join us on our WhatsApp and X community for discussion and engage with us on our channel, and let's grow together.

Let's get started!" 💡🚀 #BreakfastWithBlockchain

Shall we begin?

Session 1: 10 Mins

Real Stories, Real Scars in Ponzi Journey

“Anyone here willing to share their Ponzi story? The goal isn’t to shame—it’s to learn. What bait did they use? How much did you lose? How did it feel?”

Talking points:

1. Share real life scenarios, the pain, the stories

Question to audience:

“Why is control important to the crypto community?”

Session 2: 10 Mins

Why Does ponzi prevail in Nigeria

“Is it really greed or just people trying to survive?”

Talking points:

1. What is ponzi scheme, and how do you recognise it

2. How many ponzi scheme do you know,

3. What is the purnishment for ponzi in Nigeria

Question to audience:

Nil

InInterlude: 5mins

1. Read comments and poll updates.

2. ask few speakers questions about the question of the day

Session 3: 10 Mins

Sweet Profit and Silent Traps

Let's be frank, the money is sweet too. some people have had change of life from ponzi scheme. Infact some people justify it with multilevel marketing

Talking points:

1. Can we do it even though you know its ponzi, so that we can take the quick sweet profit.

2. When do I know when to stop?

3. Signs that i can still do it even though its ponzi scheme

Question to audience:

“if you know that it is ponzi scheme, and you still do it, are you aiding the system or you are also a victim”

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Comrade of the week

when you are late in anything, you are the price

Conclusion

Remember: Don't fall for sugar-coated losses- stay sharp, stay woke, and stay free.

If you don’t believe me or don’t get it, I do not have the time to try to convince you. Sorry! - Satoshi Nakamoto (July 2010) Price of bitcoin: $0.08