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Author: Admin | 2025-04-28
SEND • SPEND • SWAP • STAKE • ▬▬▬▬▬▬ GenTarkin Legendary Offline Activity: 2450 Merit: 1002 Makes sense...draw in the investors looking for a quick buck, then they'll draw in more in hopes of increasing the demand and price of the crypto, leading to wider adoption, until the choice comes down to the majority or rest of the population to accept it as a currency or not, even though it already functions and is used as a currency.That's called a pyramid scheme and that's why Bitcoin's not working. You can't have a currency with the mantra of "buy and hold", when they need to "buy and spend". Otherwise, Bitcoin is not useful and it remains poorly distributed. Doesn't matter how many business jump on the free advertisement hype, people can't spend what they don't have. I'm not sure what Bitcoin's purpose is other than "to the moon". Good for speculators (maybe) useless to the general public. If you think about it, the usd/fiat system is a pyramid scheme too..If you think about it harder, the whole human existence is a pyramid scheme too...Some pyramid schemes are just necessary for our survival.And fiat, luckily, aint necessary for survival =) ~Coinseeker~ Newbie Offline Activity: 56 Merit: 0 If you think about it, the usd/fiat system is a pyramid scheme too..Assuming that's true, does that justify the pyramid promotional model of Bitcoin? More importantly, is this model sustainable?As for USD, I don't have to buy-in at higher and higher prices to get them.
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