Cyptoversity is another scammy Bitcoin-based program, sold through ClickBank. By the looks of things, Cryptoversity is the milder version of some of the other similar scams, which make more blatant claims, offer less information and generally cost more.
Cryptoversity.com stands out from among the crowd of such Bitcoin scams, by offering video courses instead of eBooks. Also, unlike some of the other scams out there, it only costs $19 for lifetime access. The bottom line about it is the same though: it repackages information freely available everywhere and it re-sells it for money, with vague promises of riches to those who fall for the deal.
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The presenter/narrator used for the videos is articulate and he sounds knowledgeable. The cartoons used for various illustrations in the videos are also visually pleasing, but at the end of the day, they don’t make any kind of sense either. Rather, they’re well-executed fillers, meant to make up for the fact that the narrator won’t put his face on the product.
Cryptoversity beats most of the other Bitcoin scams out there by virtue of the fact that it offers a comprehensive table of contents about the video courses that it delivers. Apparently, information-wise, it covers just about every aspect of the Bitcoin concept and economy, but it too falls into the trap of overhyping the cryptocurrency. In the courses, there’s a lot of filler, and – as said above – everything included in it can be found for free.
The most interesting section of Cryptoverse is the one dealing with Bitcoin procurement. Here too, it looks to cover all the bases, by mentioning and describing all the legitimate ways of getting Bitcoin, but it strays off the beaten path into scam-territory, by promising small Bitcoin amounts for free and by pushing some sort of system that allegedly pays the user bitcoins every time he searches for something through Google.
The bottom line about Bitcoin is this: there are only two legal ways to get your hands on some this currently hot asset. You can mine for it, or buy it for real money through exchanges – an aspect covered by the Cryptoverse video series too. Any other Bitcoin-producing “method” is either a scam, or a lie. Yes, it is possible to get small amounts of Bitcoin for free, at least in theory. Some unsavory actors achieve this by placing ransomware on other people’s computers and then demanding bitcoins from the victims. Since the crypto currency is semi-anonymous, they can indeed get away with crime this way, unless the victim takes the time to mark the bitcoins that he pays out “dirty”. In this case, such bitcoins may not be accepted by some of those using the currency. Another way to get bitcoins for free is to spread viruses which mine bitcoins using the resources of the computers they infect.
Bitcoin mining through PC hardware has long not made much economic sense, but if one uses someone else’s electricity and resources, and hundreds of thousands of computers are pooled, it may indeed still yield some practical results. Yet another way to steal bitcoins from others is to infect their computers with keyloggers which recognize Bitcoin transfers and replace their destinations before the user actually makes them. Needless to say, all of the above-described methods to obtain bitcoins for free are illegal, punishable by law and amount to nothing more than thievery.
Though Cryptoversity sort of promises that it will show people the way out of the “financial prison” in which they currently are, it hardly delivers any credible information in this regard. It does hammer the current financial system though, probably in an attempt to identify with the woes of the downtrodden and thus to build trust.
The bottom line is though that while it may deliver useful information, Cryptoversity is little more than a repackaging of free information. While it may educate some in regards to Bitcoin and other cryptocurrencies, it will certainly not make anyone rich, or bust anyone out of his/her personal “financial prison.”
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The 60-day money-back guarantee makes no sense whatsoever. The entire course is 7-hours long, according to the site. Everyone can eat all that up and digest it within a week at most, after which claiming the money back would indeed be something many people would resort to. There are no conditions specified in regards to this guarantee either. When can one claim it? In case he/she finds the courses uninteresting, or if it fails to help him/her get rich? Once one makes a payment through this system, he/she can fully expect never to see any of the money again.
Cyptoversity may be covered by a flimsy cloak of legitimacy, but at its core, it’s no better than any of the blatant eBook Bitcoin scams that still pollute the inter-webs.
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I did not hear, see or suspected that there was any scam going on here. A scam by definition is a dishonest scheme that steals by swindling peoples property. Again nothing of that nature is going on with this offering that I can see. Therefore, you have done an injustice to this organization by shining a negative light on Mr. Coney. An apology would be in order sir.
Once your signed up there is no easy way to cancel. I cant find a way to cancel on their site. I am going to have to call my CC company to block them charging me. This has been very frustrating.
Right inside your account you can submit a Support ticket and get your membership cancelled with ease.
Sure the info in this course may be free, but where do you start with the basics? I found the course to be a great resource to get a grasp of basics. This person’s ‘review’ is only to get SEO clickbait.
facebook.com/groups/139208370017763/
I listen to your podcast and it’s great. I vote this is definitely no scam.
Thanks for tuning in to the show!
Hmmm. Doesn’t feel scammy. I’ve been listening to this dudes podcasts for free and they’re pretty good. Everything is available somewhere online for free… college material, recipes, math…. but you pay for learning all those things too.
I’d be shocked to learn this was an actual scam. I’m going with nope. Go for it. It’s a better way to learn about crypto than a zillion other ways.
Keep up the good work, fellas.
What a very polite reply ^^
Thank you very much for reviewing my site. If people prefer not to save time by pay for structured courses they can watch any one of my hundreds of free videos on YouTube. You can also see my face there to.
When I was reading the review, I thought “the price seems like a bargain” I think I will look into this source.
You would be very welcome as a student.