Here is my take on the Yieldnodes crisis. This is my opinion only and I am not a financial advisor (nor a legal counsellor!). Please let me know your thoughts on the Yieldnodes situation below. I will keep you up to date on the latest news as soon as I have any. I hope you find this explanation helpful in the meantime though. Whilst everything that happened with yieldnodes is incredibly disappointing, I still wouldn't consider it to be a scam. Many people call it a scam or a ponzi scheme, and you are welcome to explain why in the comments below. For me though, a ponzi scam has to be an intentional deceit by the owners saying they are generating returns in a certain way and then not doing that, but simply using deposited funds to payout monthly returns. We could all get back the assets that our investment flowed into, it's just that those assets are now not worth very much, as I explain in this update video.
source https://www.youtube.com/watch?v=NO1Kr_NmUFY
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