I actually have no idea what bitconnect is. — Vitalik Buterin (@VitalikButerin) November 2, 2017

Yeah, if 1%/day is what they offer then that's a ponzi. — Vitalik Buterin (@VitalikButerin) November 2, 2017

Seattle News Desk

File this article under "stating the obvious" but unfortunately, BitConnect's user base somehow keeps growing.Ethereum's creator Vitalik Buterin responded to a tweet today from a Twitter user goes by the name "Ponzi crypto coins" who appearently prides himself in calling out scam coins, tweeted at him:After telling Vitalik Bitconnect's promises of 1% daily returns, Vatalik stated (the obvious) - it's a ponzi scheme (AKA pyramid scheme).The collapse is coming, eventually.-------