You're a disgusting criminal.
No alt chain can be a pyramid scheme anymore than bitcoin itself is. And by the way, if done honestly, there's nothing ethically wrong with authentic pyramid schemes either. They are just a form of abuse of people's ignorance to get their money with their consent, pretty much like religion. Disgusting, but not criminal at all.
You, on the other hand, attacked an innocent project that had done no harm to anyone. If bitcoin is discredited by alt chains - what is obviously false, but anyway - that's bitcoin's problem. That gives you no right to go own attacking people's projects just because you don't like them.
By endorsing pyramid schemes, you have lost all ethical credibility.

Did you read what I wrote entirely, or you stopped on your highlights? Right after, I call them "disgusting" (I highlighted up there). That pretty much means that I don't "endorse" it. They are just not criminal if everything is done consensually, if every party agrees.
Now, using somebody's resources in way that was not previously agreed upon, and plus, in an attack against someone that has done no harm, that's criminal, and way worse than pyramid schemes or religions.