If anything is a pyramid scheme it's MicroCash, where fees are equally distributed back to the chain depending on the amount of MicroCash in them.
You, uh, still haven't answered my question about the nature of those fees and where they go on the short term.
Sure he did:
Some accounts with low amounts of MicroCash will get low amounts or no amounts of the total fees paid back, who is denying that or misleading anyone? Every day every account takes a half cent (0.005) to cover the operational costs, whether the account is rich or poor this fee is taken. These fees are then redistributed back to every account based on how much MicroCash they have.
See? The fees get paid to the people with the most money, ie, the developers and early adopters, while the late adopters lose all their money. What, you thought he was kidding when he said it was a pyramid scheme? 