Adkisson goes on to explain how, human nature being what it it, people refuse to believe they have been scammed, and likens the idea of a massive increase in the value of the dinar to 'magic beans'.
"Many remain truly convinced that their initial investment was a good one, and no amount of proof or logic can dissuade them", he says. On dinar-related bulletin boards, some will even argue openly that logic is over-rated, or irrelevant to the argument.
"It is a scam because the Dinar has no chance of significant appreciation, i.e., appreciation that would make buying Dinars worthwhile ... there is absolutely no reason to believe that the Iraqi Dinar will significantly appreciate in the long term, and it utterly insane to believe that the Iraqi Dinar will significantly appreciate in the short term, i.e., within 10 years ...
"You might as well buy bags of sand, because they are going to appreciate more quickly than the Iraqi Dinar."