3 ms·
What you describe is a free market trading a limited resource; not a pyramid scheme. In a pyramid scheme the wealth always flows up to the creator of the schem
by weavejester 15y ago
What you describe is a free market trading a limited resource; not a pyramid scheme.
In a pyramid scheme the wealth always flows up to the creator of the scheme, but the creators of Bitcoin can only make money by selling their own bitcoins - they don't get a cut when anybody else does.