Bitcoin is a pyramid scheme. I mined bitcoin in the early days when you could literally make 1 whole bitcoin in two weeks. The next two weeks I mined 0.3 bitcoins. That’s when I realized that it was a scam.
It’s not about facilitating peer-to-peer transactions like its proponents claimed. It’s about creating a huge money store. The more we use it the more inefficient it gets.
Bitcoin is a pyramid scheme. I mined bitcoin in the early days when you could literally make 1 whole bitcoin in two weeks. The next two weeks I mined 0.3 bitcoins. That’s when I realized that it was a scam.
It’s not about facilitating peer-to-peer transactions like its proponents claimed. It’s about creating a huge money store. The more we use it the more inefficient it gets.