Bitcoin Rodney: scam or opportunity?
Bitcoin Rodney: scam or opportunity?
Bitcoin

Bitcoin Rodney: scam or opportunity?

By Marco Cavicchioli - 7 Sep 2020

Chevron down
Listen this article
download

Bitcoin Rodney is also the name by which Rodney Burton is known.

Burton has had a very troubled life, so much so that he also spent 5 years in prison for a 60-month sentence for drug dealing. 

He was released on August 4th, 2010, and since then has started a new life, eventually becoming interested in bitcoin and cryptocurrencies. 

He now offers various crypto services, although his website says: 

“You should not buy any crypto currency products unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges. This material is subject to change without notice. This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation”. 

Moreover, his website lacks a detailed description of what services he offers within his “Cash King Programs”, because the only tool available is a form to contact him via Facebook Messenger. 

The declared services would be: 

  • training on Bitcoin
  • credit repair,
  • a service called “upgroup”. 

The only service offered of which a public description is available is the purchase of targeted traffic, i.e. a borderline practice, although not illegal, in many cases deprecated by social platforms. 

Bitcoin Rodney on social media

Burton also has a YouTube channel with just over two thousand subscribers, and his most-watched video is the purchase of a $350,000 Lamborghini paid for entirely in bitcoin

His Twitter profile, on the other hand, has more than 5,500 followers, but is mainly used to share his videos. 

According to some sources, in the past he was also involved in the pyramid scheme of USI Tech as a recruiter of new affiliates, although there is no evidence of his involvement. 

The point is that it does not appear to be possible to understand what he does, so it is difficult to judge whether it is a lawful, illicit or borderline business. 

Finally, it is important not to confuse him with another Rodney Burton, who was mentioned in the American press in 2020 for a judicial fact that does not involve Bitcoin Rodney in any way. 

 

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 25 thousand subscribers.

We use cookies to make sure you can have the best experience on our site. If you continue to use this site we will assume that you are happy with it.