We tell our friends about it and they buy it at 10% more than you paid for it just because you have the in.
Did they really need this in their lives?
Bitcoin is multi level marketing the same way gold is multi level marketing.
I don't give my friends or family investment advice. Best way to loose friends.
To know if Bitcoin is a multilevel marketing you should know what multi level marketing is.
Multi-level marketing is a strategy that some direct sales companies use to encourage their existing distributors to recruit new distributors by paying the existing distributors a percentage of their recruits' sales; the recruits are known as a distributor's "downline."
Bitcoin is not controlled by any company, it is under an open market and it does not give a percentage to anyone who encourage people to buy bitcoin. So Bitcoin is not a multi level marketing.