There is no information on the AIDP2PBTC website indicating who owns or runs the business.

The AIDP2PBTC website domain (“aidp2pbtc.com”) was privately registered on January 5th, 2016.

Further research reveals AIDP2PBTC affiliates naming David Velasco as admin of the company.

Velasco is purportedly from Spain and possibly due to language barriers, I was unable to verify this claim myself.

Alexa currently estimate that 79% of all traffic to the AIDP2PBTC website originates out of Spain.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

The AIDP2PBTC Product Line

AIDP2PBTC has no retailable products or services, with affiliates only able to market AIDP2PBTC affiliate membership itself.

The AIDP2PBTC Compensation Plan

AIDP2PBTC affiliates gift bitcoin to each other via a 2×8 matrix.

A 2×8 matrix places an affiliate at the top of a matrix, with two positions directly under them:

These two positions form the first level of the matrix. The second level of the matrix is generated by splitting each of these two positions into another two positions each (4 positions).

Subsequently levels of the matrix are generated in the same manner (up to eight levels), with each new level housing twice as many positions as the previous level.

Each level of the AIDP2PBTC matrix operates as an individual cash gifting tier.

A AIDP2PBTC affiliate starts by signing up and gifting 0.02 BTC to the affiliate who recruited them.

This payment in turn qualifies the affiliate to receive 0.02 BTC from two affiliates recruited into the first level of their matrix.

The other eight levels of the matrix operate in the same manner, the only difference being an increase in the amounts gifted between affiliates:

  • level 1 – gift 0.02 BTC to the affiliate who recruited you and receive 0.02 BTC from two subsequently recruited affiliates
  • level 2 – gift 0.03 BTC and receive 0.03 BTC from four affiliates
  • level 3 – gift 0.08 BTC and receive 0.08 BTC from eight affiliates
  • level 4 – gift 0.16 BTC and receive 0.16 BTC from sixteen affiliates
  • level 5 – gift 0.8 BTC and receive 0.8 BTC from thirty-two affiliates
  • level 6 – gift 2 BTC and receive 2 BTC from sixty-four affiliates
  • level 7 – gift 4 BTC and receive 4 BTC from one hundred and twenty-eight affiliates
  • level 8 – gift 8 BTC and receive 8 BTC from two hundred and fifty-six affiliates

Joining AIDP2PBTC

AIDP2PBTC affiliate membership is tied to a 0.02 BTC gifting payment to the affiliate who recruited you.

Conclusion

From the AIDP2PBTC website;

Register and Donate to start your journey. You can now invite others to donate to you.

Invite your friends to also donate and receive monthly donations.

Anytime you seen the word “donation” used to describe an MLM compensation plan, they’re really talking about cash gifting.

Donations have nothing to do with payments between affiliates in a business opportunity.

All that’s happening in AIDP2PBTC is new affiliates are making gifting payments to existing affiliates, which keeps the scheme ticking along.

Through pre-loaded positions and passups of increasing amounts of bitcoin across each matrix level, the AIDP2PBTC admin (David Velasco or otherwise) receives the majority of funds deposited into the scheme.

Affiliates who join early receive what’s left (Velasco has almost 5000 Facebook friends), with the majority of participants losing money when AIDP2PBTC inevitably collapses.

Are there any refunds?

No, there are no refunds.

 

As an added bonus the use of bitcoin means an AIDP2PBTC victim’s recovery of funds is slim to none.