Re: How do I convince people that Bitcoin isn't a financial pyramid?
⭐ Merited by Lucius (1)
I think many people live under the misconception that Bitcoin must replace fiat in order to succeed, but that is something that is very likely not to happen in the near future while the world is functioning the way it is now. Bitcoin is just an alternative to the existing system, it is not a rule or a law that someone has to apply.
Exactly this is the the main problem I noticed when talking about bitcoin with people that are in the "contra" group. They see situation white and black, and they consider bitcoin completely useless if it doesn't overtake fiat. Which is honestly not realistic anyway, at least not any time soon, as much as we would like it.Regarding the OP and convincing people that bitcoin is not a pyramid, I usually don't bother with that, at least not anymore as it proved to be pointless. So why then to waste energy. Majority of them will come to the sense anyway, sooner or later, while some will see it a scam no matter what, and mostly because they think that they missed the train so it's easier to comfort yourself that way.
With that being said, it's not a bad idea to be prepared, if one likes to argue
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