AIDP2PBTC operates without disclosing any information about its owners or administrators. The domain "aidp2pbtc.com" was registered privately on January 5th, 2016, a common tactic for operations seeking to obscure their true origins.

Affiliate discussions frequently name David Velasco as the scheme's administrator. Velasco is reportedly based in Spain. Language barriers made independent verification of this claim difficult. However, analytics data from Alexa shows that 79% of AIDP2PBTC's web traffic originates from Spain, which supports the reported connection to Velasco.

The AIDP2PBTC model offers no tangible products or services. Participants join solely to recruit other individuals into the structure. This core function defines it as a pure cash gifting scheme, a structure widely recognized as an illegal pyramid scheme in many jurisdictions.

Bitcoin is gifted through a 2x8 matrix. A participant sits at the top, with two positions directly below forming level one. Level two then expands to four positions, with each subsequent level doubling the number of participants. The matrix spans eight levels, culminating in 256 positions at the bottom.

Each level within this matrix represents a separate tier for cash gifting. A new participant begins by gifting 0.02 BTC to the person who recruited them. This initial payment qualifies them to receive 0.02 BTC from the two individuals they recruit into their first level.

The required gifting amounts escalate with each progressive level. To advance to level two, a participant gifts 0.03 BTC and then becomes eligible to receive 0.03 BTC from four recruits. Level three requires a 0.08 BTC gift, allowing receipt from eight recruits.

Subsequent levels follow this pattern: a 0.16 BTC gift for level four, receiving from sixteen recruits; 0.8 BTC for level five, receiving from thirty-two recruits; 2 BTC for level six, receiving from sixty-four recruits; 4 BTC for level seven, receiving from one hundred twenty-eight recruits; and finally, 8 BTC for level eight, receiving from two hundred fifty-six recruits. The total membership cost starts with a 0.02 BTC payment to the recruiter.

AIDP2PBTC's website employs the term "donations," urging new members to "register and donate," then to "invite friends to donate," and finally to "receive monthly donations." But in the context of an MLM or business opportunity, the word "donation" serves as a euphemism for cash gifting. True charitable donations involve no expectation of financial return or recruitment.

New affiliates directly send bitcoin to existing affiliates, fueling the scheme. This peer-to-peer payment structure, combined with features like pre-loaded positions and "pass-up" payments across matrix levels, directs the vast majority of incoming bitcoin towards the scheme's administrator. Velasco, or whoever controls the operation, benefits most. Early participants may receive some payouts, but the mathematical reality of a continually expanding matrix ensures late joiners inevitably lose their funds.

Such schemes are inherently unsustainable. They rely on an infinite supply of new participants, which is impossible in any real market. Regulators across the globe, including the U.S. Federal Trade Commission and the Securities and Exchange Commission, routinely prosecute similar operations as illegal pyramid schemes. These entities lack genuine products or services and promise returns based primarily on recruitment, making them fraudulent by design.

Recovery of funds from AIDP2PBTC is highly unlikely. The platform explicitly states, "No, there are no refunds." Furthermore, the use of bitcoin payments, often sent across international borders to anonymous or semi-anonymous wallets, complicates tracing and asset recovery efforts. Victims of such schemes often find themselves with little recourse, as the decentralized nature of cryptocurrency combined with the lack of regulatory oversight within the scheme itself offers minimal consumer protection.

The U.S. Commodity Futures Trading Commission (CFTC) and other global financial authorities frequently warn consumers about the risks associated with cryptocurrency-based investment opportunities that lack transparency and verifiable business models. These warnings highlight the absence of typical investor safeguards found in regulated markets. Consumers who believe they have been defrauded can contact law enforcement or financial regulatory bodies in their jurisdiction, though successful recovery of funds from international gifting schemes remains a significant challenge. The risk of financial loss for most participants is near absolute.