0/ Bitcoin is *by definition* a pyramid scheme / multi-level marketing scheme To be fair, it's the most "fair" and egalitarian pyramid scheme ever devised, but it is none the less a pyramid scheme
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Replying to @KyleSamani
all value is belief. the current financial system is a pyramid scheme. if enough people, and powerful people in institutions are convinced that #Bitcoin has value, then the pyramid scheme wins and become consensus reality, until another better system comes along.
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