Is Forsage A Scam ???

Hey, friends hope you are well and welcome to my new article on Forsage. Since I have started building my Forsage team and promoting this platform the different people are asking different questions about Forsage from me. I have observed there basically only four types of questions that every person is asking repeatedly. Therefore I decided to give answers to these four questions publically rather give answers to every individual separately. Below are these four questions.

1.      It’s a Ponzi

2.      Its a scam.

3.      There is no centralized authority or administrators so who would be responsible for any losses???

4.      Unsustainable.

1st and 2nd questions, Is it a Ponzi or scam???  

Basically, these are the same kind of questions, therefore, I am giving the answer of these two questions together. Whenever anyone tells us any opportunity where you can earn big incomes with a small investment then this is the first question that comes in mind that it can be a ponzi scam. The same is happening with the Forsage as well. When anyone hears about this platform he or she thinks in the same way. If we watch the definition of Ponzi on Wikipedia then it is as below:

“Ponzi is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.[2] The scheme leads victims to believe that profits are coming from product sales or other means, and they remain unaware that other investors are the source of funds.” 

But if we take a look at Forsage then they are very clear and they have mentioned with clarity on their platform that this is a simple crowdfunding platform. The Forsage smart contract is nothing more than a payment gateway that facilitates peer-to-peer commission payments between its participants. The profit routes from other members directly into your personal wallet. There is no hoarding in the system, the income belongs only to you. They are not pretending to invest your money in any business and distribute the profits among the participants. The money is being distributed thru complex matrix among the members that is invested inform of slots from new participants and from the old participants as well.

3rd question, Decentralized, who is responsible for any losses ??? 

Most of the people say that there is no centralized authority or administrators so who will be responsible for any losses???

And I think that decentralization should be the positive point of Forsage. If there are no managers or administrators, and there are only the creators who are equal participants in the project, like everyone else then it’s mean there is no middle man involved who can take your money away. Like decentralization is also the beauty of any other cryptocurrency and the Bitcoin as well

4th question, Unsustainable.

 What people will do with the slots they have bought in Forsage if people stop buying more slots???

 This is the objection that different people and even the governments have on Bitcoin as well. That it is unsustainable and what if the people stop buy or sell BTC??? What people will do with their BTCs in their wallets???

My friends Forsage is also based on simple supply and demand rule like any other assets. Until the people will be interested in buying more slots, the platform will be successfully working and distributing profits based on a complex matrix, the same applies to Bitcoin and other assets as well. Until the people have an interest in buying Bitcoins it has the value once the people will stop buying it its value will be down to zero.

So do you think it is a reasonable objection??? Especially when more than 1.1 million people have joined Forsage ??? (Almost 1 million in Forsage Ethereum and more 124K Forsage TRX).

I hope that I have given the answers concisely. However, you still have any questions then you can ask in the comments. Below is my email. You can send me an email if you want to be part of my Forsage team.

cryptocaptain133@gmail.com