Quote from: imbladednow on September 20, 2013, 09:06:45 PM

Quote from: pontiacg5 on September 20, 2013, 08:49:43 PM

If everyone gives up mining bitcoin will end up centralized.

If you hold a sizable amount of coin I think it's only wise to invest in network diversity a little bit. You will not get rich though, that's for sure.

So true, if everyone would just buy BTC and holds, Bitcoin would not have future - like pyramid scheme

Apart from never-going-to-happen (just imagine everyone gave up mining and only you would continue...),
the term "pyramid scheme", although obviously not unpopular amongst fraudsters on the internet, gets thrown around a bit out of place. Don´t you think? Wink

It´s the same with oceans. They are all salty, but not everything salty is an ocean.