The Crypto Revolution System is site that promises a quick fortune with little effort. $10 can turn into $10,000 – or so they say. But with everyone looking to make a quick buck off cryptocurrencies, I’m sure that someone behind cryptorevolutionsystem.com is making a lot of money, but that person won’t be you. This site is an obvious scam that takes advantage of the overly eager. So if you are looking into investing with the Crypto Revolution System but are diligent enough to do some research, I hope I can show you some information that might save your money from this scam.
First off, all of the information I found came directly from the website. I didn’t have to do any major investigating to find out that this is an illegitimate system. All you need to do is keep a skeptical mind and read all the information on the website (yes, even the fine-print terms and conditions, but more on that later).
So the first thing you will notice when you open the site is the video. It is set to autoplay, and the reporter Jake Tapper begins listing potential benefits of Bitcoin. “No banks, no fees, no inflation,” he says and automatically, the untrained listener’s ears perk up. Now, there is a very clear reason why this video is at the top of the page and plays automatically: they want you to hear big tech giants like Bill Gates, Eric Schmidt and Richard Branson say the word Bitcoin. If you hear them talk about it, you are more likely to trust whatever information comes next. Now, these tech billionaires aren’t endorsing the Crypto Revolution System, but are just placed at the beginning of the video as a neurological trick to make it seem like they are. It’s a pretty blatant ploy, but these scammers win even if it works on 5% of the people that watch it.
So moving on, the video then cuts to some pretty basic text that the narrator reads word for word. This technique is a double reinforcement: if you hear it and read it, it sticks in your brain a little stronger. All of a sudden, when you both read and hear that a $1000 investment in Bitcoin when it was worth $0.05 in 2010 would be worth $46 million today, you get excited about whatever opportunity is coming. And the creators of this scam use repetition and exaggerated numbers to keep you interested in whatever they are trying to sell you.
There is even a scare tactic in the video, saying that if you don’t invest, you will miss the opportunity to turn $100 into a retirement fortune in a matter of months. Really? How long can you go?
Once we finally hear about what their product actually is, it seems quite disconnected from what the wealth investors were speaking about at the beginning of the video. Pretty much, whoever this scammer is claims he uses other economic booms of the past – the stock market in the 1920s, the internet boom of the 1990s and the housing boom of the 2000s – to make a roadmap for his system, which he says made him a profit of $1.8 million off of one single trade. Just a quick side note, while some people did make a lot of money off of the bubbles of the past, many more lost everything, and I’m starting to understand why.
So the system is to invest in less common, cheaper cryptocurrencies rather than Bitcoin because, as the video argues, Bitcoin has already gone as high as it can go and there’s no more money to be made there. Well, that sounds like good advice because one Bitcoin is worth about $15,000 today. Wait, hold on a second… in the video, he says that Bitcoin is trading for $4000. It appears that this video was made a little while ago and has not been updated. I don’t want to be too harsh on that point, I mean, making new videos takes time and the price of Bitcoin is always in flux. But this actually defeats the main argument of the video. They say that Bitcoin has no more fast money to make, but since that video, it has more than tripled. Where was that on the roadmap?
The Terms and Conditions
I know, this is the boring stuff to read. It’s written in legalese and we are train to just click ‘accept’. That’s what the scammers know and that’s why they can put anything in their terms and conditions, no matter how crazy, and with no explanation. Here are a few examples.
“Upon signing up for your $9.95 membership, you agreed to billed $99 per month until membership is cancelled. Your $99 monthly membership fee begins 14 days from the date of signup.”
Wow! $99 per month? I don’t see that mentioned anywhere on their main site, and I totally understand why. If they put the cost at the top of the page, no one would give it a chance.
Second, as is pretty standard in any terms and conditions is the line where they say that your personal information will not be sold to or given to any third parties. But just after that, there is this line:
“We also share the information with a coaching partner who offer a related service to our clients. This is a company who we deal with closely, and their service is closely related to ours.”
Who is this company? Why do you work closely with them? Why are you giving them my information? I can’t tell you the answers to these questions, but I can be sure that these scammers don’t want you to know the answers.
Then the terms and conditions spend five paragraphs explaining that the earnings are not guaranteed and that they are in no way responsible for your ‘investment’. It doesn’t sound like they are very trusting of their own system and want to be clear that they are not liable for anything.
The Final Word
So, the video is the bait, the terms and conditions are the hook, and you are the fish. After all of this, do you really believe these scammers won’t reel you in and cook you for dinner? Maybe you want to see headquarters of this revolutionary system? I searched their address on Google Maps and, of course, their business is located in a rural area a ways away from Seattle, WA. Here’s their home-base.
And if all of this doesn’t convince you to think twice about investing in The Crypto Revolution System, take the bait… hook, line, and sinker.