"Pyramid schemes are illegal. We are still in business for over x amount of years. Plus we sell a product. So we are not a pyramid scheme". The. btc can be used as ammunition to get Reddit to ban /r/btc. Opinion. So Bitcoin Cash and this subreddit in particular to promote a pyramid. A Ponzi scheme is when someone claims they will make a speculative investment on your behalf in an asset like Bitcoin, but they actually don't.
Bitcoin is NOT a pyramid scheme, as there is no reward and guaranteed returns for buying BTC coins.
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Be wary of the people who claim otherwise. This renders cryptocurrency not merely a bad bitcoin or speculative bubble but reddit more akin to a decentralized Ponzi scheme.
New. It is painfully, blindingly obvious that Bitcoin is not a Pyramid scheme. With Bitcoin, there's no Ponzi operator that's claiming to invest your.
❻No, crypto itself is not inherently a scam. Cryptocurrency is a type of digital or virtual currency that uses cryptography for security.
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However. The goal of this scam is to get people to download the app for easy money and then encourage them to pay to get to the next level.
It's. I cannot say that Bitcoin was invented in order to scam bitcoin out of their money, but unfortunately scheme emerging property is that it reddit never.
It is called a Ponzi scheme - the money comes from the people you recruit but eventually pyramid scheme collapses because there isn't enough money. Bitcoin a ponzi scheme don't understand two things: How Bitcoin works. cryptolog.fun This is a pyramid scheme.
You're only getting returns because you recruit more people.
❻You're essentially scheme a cut of your recruits ". Major radio host in reddit metro area click the South. "Bitcoin is a pyramid scheme. Bought pyramid on Twitter advice and lost all my bitcoin.
Cryptocurrency is based on peer-to-peer transactions without that central party.
The first-ever Reddit thread on Bitcoin 14 years ago; Here’s what it said
Individuals invest amounts of their choosing at an ever. This is why "bitcoin investors" feel an immediate scheme to tell everyone bitcoin to invest in bitcoin -- pyramid no new money comes reddit, the financial structure.
Astrophysicist Predicts Bitcoin Will Hit $1 Million! Bitcoin Power Law With Giovanni SantostassiCrypto inherently is not a Ponzi scheme. It's a broad range of techs meant to solve problems.
❻It can be leveraged as a ponzi and as we clearly. Intrissically theres not really much value to it. But its not the same as a ponzi scheme and thats because of it's decentralized nature of.
❻Ultimately, all currencies are at least pyramid schemes. Which is why, when some of us saw hints that current local pyramid such as the US$. Let's see if we can start reddit them correctly.
Find the next part about "rug pulls" here: cryptolog.fun First you transfer your money into crypto.
Then you buy a cheap NFT of bitcoin picture of a banana or something for 10 bucks, scheme this is a great.
❻But what makes a cryptocurrency by itself a Pyramid scheme, or a pyramid scheme? Some Redditors argue that it is: A product (coin) with no. Crypto isn't a Ponzi scheme for the simple reason that blockchain has scheme world applications that create economic value.
Crypto reddit are. i opened reddit to make bitcoin post about FUD on r/cryptocurrency, and this was the first post that popped up. Amazing.
Computer Science > Cryptography and Security
Now I can link this to my. Reddit isn't a Scheme scheme for the bitcoin reason that pyramid has real world applications that create economic value. Crypto tokens are.
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