Question from an absolute novice

Ticker

1 BTC = $36283.51 USD  (via Coinbase)
1 ETH = $1159.87 USD  (via Coinbase)
1 LTC = $141.30 USD  (via Coinbase)
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1 CRYPTO

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I know nothing about bitcoin other than the most rudimentary basic knowledge that it's a form of electronic currency.

Recently my father has been offered a business opportunity in bitcoin by a guy his friend knows. The basic business model would be that my father purchases a bitcoin and is then reimbursed every week a certain amount of money (i.e. $50 a week) for however long the agreement is for. But I believe he gets to keep the bitcoin.

Now I'm not knowledgeable at all when it comes to bitcoin but I smell a scam here.

Anyone know of anything like this?

submitted by /u/dollahbill_
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $36283.51 USD  (via Coinbase)
1 ETH = $1159.87 USD  (via Coinbase)
1 LTC = $141.30 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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