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by fasteddie31003 1961 days ago
To some aspect every asset is part pyramid scheme.
1 comments

Ok, but if I rephrase it as:

I consider bitcoin to be more of a pyramid scheme then your average asset.

After 12 years and billions invested in its pyramid, the numbers appear to suggest it's also a much sounder investment than your average asset:

https://www.casebitcoin.com/images/stories/charliebilello_re...

Another way to look at Bitcoins meteoric rise over the past ten years is as a catastrophic crash in value of the assets it (and currencies like it) may be in the process of replacing.