Re:The Bitcoin Investment Thesis Is Broken
by emurillo510 on Tuesday May 24, 2022 @10:05AM
(#31492278)
the us dollar system is the biggest pyramid scheme :D. Ask people in third world countries. Bitcoin is an alternative from US fiat currency. It is not country backed, but run by individual actors around the world. Will there be volatility? yes, welcome to a true free market system in a high inflation world
[ Parent
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No fiat is a pyramid. Fiat currencies are actively managed and the managers are at least partially answerable to elected policy makers. If fiat is a pyramid, then all civilized society and representative democracy is a pyramid.