I had an interesting discussion with my friends this weekend.
None of the own any cryptocurrencies and I do. I explained that I never push them to buy anything. I bought my own and hope that the value will increase but my friend kept talking about how it is in my interest to get people to use it because, this is when the value increases. He compared it to an MLM or pyramid type investment.
I was trying to get across the fact that, with an MLM or pyramid scheme, making someone join typically has a direct result on the person who invites (unless 2 or 3 people need to join) in the form of a financial reward. This is not the case with cryptocurrecy. If I encourage friends to join, I won't see a direct benefit, ie, if they invest 500, I don't get a cut. Of course the more people that buy BTC or whatever, the more it will increase so there is always a need to push adoption but it is very different from multi level marketing or pyramid schemes that I've seen people talk about before.