Recently I've came across alt coins that use the method of pyramid scheme to promote and sell their coins to large companies. Should this even be legal? and do you guys think bitcoin should go through this too? BTCBTC
I wouldn't associate between the pyramid scheme and bitcoin. If a company that promises to use your fiat for making investment and promising a return, you are merely using your fiat as a form of payment. It has nothing to do with your fiat. Likewise, the same with bitcoin. And bitcoin certainly does not need all these to progress. We are basically on our own independent.