Re:The Quora post that killed Bitcoins. Please discuss if hi...
by weavejester on Thursday June 02, 2011 @02:30PM
(#2613274)
What you describe is a free market trading a limited resource; not a pyramid scheme.
In a pyramid scheme the wealth always flows up to the creator of the scheme, but the creators of Bitcoin can only make money by selling their own bitcoins - they don't get a cut when anybody else does.
In a pyramid scheme the wealth always flows up to the creator of the scheme, but the creators of Bitcoin can only make money by selling their own bitcoins - they don't get a cut when anybody else does.