Bitcoin is INDEED a ponzi/pyramid scheme. The main hallmark of a pyramid scheme is that is produced no significant net wealth but somehow makes a minority riche

Bitcoin is INDEED a ponzi/pyramid scheme. The main hallmark of a pyramid scheme is that is produced no significant net wealth but somehow makes a minority richer, much richer! How can this be? Because a pyramid scheme is designed to transfer wealth from the base of the pyramid (new recruits) to the upper layers of the pyramid (earlier entrants) and this is exactly what bitcoin has been doing and is the very main reason for it being promoted.