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I came across Bitscan.com in a press release earlier in the year. I read up on how they were building the world’s largest directory of businesses that accept Bitcoin.

I liked the concept and they advertised they were looking for bloggers and that they would pay bloggers. I enjoy writing so I figured I would send in some writing samples. I am not going to cry over the fact that they did not get back to me to blog for them, but it struck me as odd, but I figured I didn’t make the cut. I can handle rejection. That’s part of life.

WRITE FOR BITSCAN AND YOU CAN GET PAID FOR THE INTEREST YOUR ARTICLE GENERATES

That’s right from the Bitscan website. No harm done, they didn’t want my writing.

But the next thing that caught my eye was this:

BECOME A BITSCANNER, LEARN AND GET PAID FOR HELPING BUILD THE ECO-SPHERE

So you click on the link and it goes to a new page.

“Earn bitcoin tips for referring new businesses that you know of. If we didn’t know about them already, you get paid a tip upfront and 10% of any advertising revenue your lead generates thereafter – forever!”

I am an aggressive prospector, the best, so I figured I would earn some supplemental income and get more involved with Bitcoin. I remember a family member laughing at me telling me I was wasting my time that I won’t see a dime. I said this is a legitimate business. And so I kept coming up with Bitcoin businesses and submitted them for referral. A few weeks went by and I didn’t see anything in terms of payment, so I figured just be patient…

In early March 2014, I started submitting referrals like crazy. I figured the harder you work the more you will make, with a tip upfront and ad revenue for life, 10% of any advertising revenue – forever!

I am aware how ad revenue works and the various means of generating ad revenue, so I set out to submit Bitcoin businesses. I targeted by country, I targeted by business. I used Google and put in every combination of words for target industries and businesses imaginable to acquire a listing myself of Bitcoin businesses. I was even told that I had by far exceeded all else in referrals. So I keep being patient but nothing happens.

I pay attention to social media and the Bitcoin market and I started seeing Pinterest “pinning” going on. I asked about payment but was told to be patient that ad revenue will come but there was no ad revenue coming in. Meanwhile the listing continued to grow to over 6, 000 businesses worldwide. I had to ask what was their strategy for generating ad revenue as I had not seen a dime, or not one “Satoshi”. I was given an email answer that said something about having to be careful about disclosing such a strategy.

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