SubscribeIs Bitcoin a pyramid scheme?
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Thread: Is Bitcoin a pyramid scheme?
#1
Is Bitcoin a pyramid scheme?
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#2
Bitcoin is one of the trading currencies that we can invest in. There's no way that it can be a pyramid scheme. What I know about the pyramid scheme is it requires a core group like down-line.
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#3
Funny thing is after all the news, after all the videos all over internet and social media. Some people “doubters” still think Bitcoin is a pyramid scheme.
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#4
Obviously, they do not have deep-knowledge about Bitcoin.Originally Posted by PALM
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#5
We cannot blame them. Some people introduce Bitcoin to trick other people for money. They represent themselves as a financial expert. Some of them are using fake ledger to convince the poor soul to invest for him/her.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#6
That is true. I too, have almost become a victim. If I did not do my own research and really learned deeply about cryptocurrency, I probably would have been scammed and would abhor crypto coins now. Thankfully, I was able to have a decent start in this industry.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#7
That's good to hear. Definitely, the cryptocurrency market is not a pyramid scheme. Not at all! But we also cannot deny the fact that there are many fraud companies. This is what we should be wary of.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#8
Bitcoin can not be likened to a pyramid scheme since it is a digital asset that can be bought and sold online and can be stored in a digital wallet where as a pyramid scheme is is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#9
In my view, most of those who invest in bitcoin are effectively participating in a pyramid scheme either as a future victim or a perpetrator. Some no doubt truly believe that bitcoin will function as a currency for enabling transactions, rather than a “store of value.” But I wonder whether such people truly understand economics, our monetary system, or our business environment
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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