Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will never become mainstream
by
Ultegra134
on 30/11/2024, 09:10:16 UTC
I didn't say it is a scam, I said that due to the fact that most people buy bitcoin as an investment and not as a currency to use, it is like a pyramidal scheme.
By the way, why do you think fiat currencies are scams?
I think bitcoin became a scam not by purpose.
But you did? Perhaps you didn't directly call it a scam, but what difference does that make?
it's like a pyramid scheme.
How is Bitcoin comparable to pyramid schemes? Pyramids collapse because they're unsustainable "business" models, if you could even call them that. They're paying you to sign up (by paying major amounts of money) people under your name, receiving extravagant commissions, and producing nothing in return. Eventually, the whole system collapses, and the founders run off with the money.

So you're comparing that with Bitcoin? I don't understand how these two could be comparable because they'll both (according to you) eventually collapse. If so, how do you know that?