I just found this article and its by far one of the best on the subject of bit connet. It's been 3 months and more articles are popping up that totally agree with you: Below are my opinions and the ones by @crypto-investor.
This is going to end bad. And even if the service is paying now, that is the lure to attract more people in. At some point this is going to crash. If that investment was that great, George Soros would already own it!