The profits don’t even go to insiders, they go to just one person. Whoever is issuing the coin is collecting all the money. People buy it at whatever rate the scammer in chief suggests, and then he can print more at no cost. He never purchases it back, there’s no mechanism for it to gain in value, it can only lose value.

You could call it a “solid” investment, if what you mean is it’s an actual heap of shit.