Bitcoin Earning School Review – Huge Scam Or Legit System?

Bitcoin Earning School ReviewIf you’ve been paying attention lately, you’ll notice that Bitcoin Earning School has been getting a lot of hype.

Because it’s new, it’s getting a lot of buzz and if you’re in an online business, I am sure someone will push it on you at some point.

It’s especially popular on social media at the moment.

I do want to let you know that I am NOT affiliated with Bitcoin Earning School as a member or distributor.

My goal is to gather all the facts in one place for you so you can do your research – and it’s all here in my Bitcoin Earning School Review.

Is Bitcoin Earning School a legit business, or is it a complete scam?

Will I be able to build a business with it?

I tell you all about it in my Review of Bitcoin Earning School.

Read below to find out more.

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What Is Bitcoin Earning School?

According to the Bitcoin Earning School website, there are two CEOs that are at the helm of the company — Mikey Robertson and Morris Melara. The former is also cited as being the owner of the brand, and he is apparently located in Queensland over in Australia.

After just a small amount of research and looking around, it didn’t take long at all to see that Robertson has been involved in the world of the MLM underbelly for quite some time.

Over the course of jus the past few months or so, Robertson has been involved with the likes of My Paying Crypto Ads, Elite Earners Club, LaraWithMe, Easy 1Up, and others.

Robertson tried his hand at being a streamer of online video games, but the amount of views that he received over the course of 2015 and 2016 suggest that this never took off the way that he was likely hoping.

What’s even more interesting is the fact that Drew Burton from My24HourIncome also appears to have some level of involvement with Bitcoin Earning School. On a Facebook post that was published on March 17 of this year, Mikey Robertson extended thanks to Burton for, “recording a (Bitcoin Earning School) webinar.”

I found the webinar in question, and it reveals that Burton is actually the one who hosted the whole thing.

Burton currently has his hands full with My 24 Hour Income. The opportunity is pretty much set to collapse at any second with affiliates withdrawals currently being suspended, so I found it a bit odd as to why Burton is spending his free time doing promotional work for another MLM scam.

Bitcoin Earning School Scam

What Products Are Being Sold?

As for the product line that Bitcoin Earning School is bringing to the table, there’s unfortunately not much to talk about here.

Bitcoin Earning School doesn’t have any goods or services that it markets or sells to retail customers, and this means that there’s a total lack of any retail sales activity.

Affiliates are left with nothing more than the affiliate membership to try and sell to folks that might be interested in it, and when someone does decide to sign up and join, they are granted access to various, “learning content and services.”

Info On The Bitcoin Earning School Comp Plan

When it comes to making money with Bitcoin Earning School, members are required to gift bitcoin to one another via a 3×4 matrix setup.

Positions in the matrix here are filled through both direct and indirect recruitment, and affiliates get started in level 1 of the matrix by first gifting 0.04 BTC to the individual that recruited them to join the company.

After this payment has been received, the affiliate that gifted it can then receive the same amount (0.04 BTC) from three other members the they recruit to join Bitcoin Earning School.

This is pretty much what you can expect to find throughout all levels of Bitcoin Earning School’s matrix, with the exact levels working out as follows —

  • Level 2 — Affiliates gift 0.1 BTC so they can earn the same amount from nine other members
  • Level 3 — Affiliates gift 0.4 BTC so they can earn the same amount from twenty-seven other members
  • Level 4 — Affiliates gift 1.5 BTC so they can earn the same amount from eighty-one other members

What’s worth noting along with this is the fact that these gift payments are recurring on a certain basis.

Level 1 needs to be paid every 45 days, level 2 every 50 days, level 3  each 55, and level 4 requires a payment every 60.

On top of all this, affiliates can secure an extra commission of 0.04 BTC for personally recruiting someone new to join Bitcoin Earning School.

What Will It Cost Me To Join Bitcoin Earning School?

If you’d like to become an active affiliate for Bitcoin Earning School, you’ll need to pay a membership fee of 0.07 BTC and then gift a bare minimum of 0.04 BTC every 45 days.

However, if you’d like to fully invest yourself in everything that this compensation plan has to offer, you’ll need to be prepared to hand over 2.04 BTC on a recurring basis that’s different for all four levels (see above).

Any Truth To The Bitcoin Earning School Rumours?

Any time a new business opportunity launches, you will always hear rumours about them being scams – so is Bitcoin Earning School a scam?

From reading above, you might already be thinking Bitcoin Earning School is a scam.

So, is it?

Is there a Bitcoin Earning School scam, or is it legit?

To be honest, Bitcoin Earning School isn’t a complete scam.

However, there are some red flags to be worried about, which I discuss in the conclusion.

See my tips below for helping to make money.

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And Now, My Bitcoin Earning School Conclusion

Bitcoin-based cash gifting schemes are nothing new in the world of the MLM underbelly, and Bitcoin Earning School doesn’t look to be anything different than what we’ve seen before.

Affiliates join by gifting money to other members, and they then earn money back by recruiting other individuals to join and do the same thing.

This is cash gifting at its finest, but Bitcoin Earning School will only be in operation as long as people are regularly joining and gifting money between one another.

Once this dies down, so too will the opportunity.

Mikey Robertson will make off with the majority of all the cash (along with the other admins), and everyone else who gets involved will likely lose out. This is how most cash gifting setups go, and this one isn’t going to be any different.

I hope you have gained value from my Bitcoin Earning School Review.

I have put all the details you need to know here, because all other reviews of Bitcoin Earning School have been fairly limited with details.

If you do decide to proceed with Bitcoin Earning School or any business, you’ll find my free training helpful – I will show you how to make money online.

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