IMPORTANT: Please read our Guide To Quality Writing before you begin posting!

Dismiss Notice
Please note that we are only approving writers from the US, UK and Canada at this time.

Is Bitcoin a pyramid shceme?

Discussion in 'Business' started by Miles, Jun 16, 2018.

  1. Miles

    Miles New Member

    Joined:
    Jun 16, 2018
    Posts:
    3
    Likes Received:
    0
    Gender:
    Male
    I don't quite understand why some people see Bitcoin as a reliable long-term investment. The technology is new and It's great, but it can be created ad-infinitum and technology is constantly getting better. Most of the comments, at least before it went into a bear market, were about how they made money on the last wave, and are going to ride another one to make more money. That seems to be the primary purpose according to most of the Bitcoin speculators (I hesitate to call it investment). I think the technology will be used to accommodate other types of currency, but that's how I see it. An empty shell, yet to be utilized.

    A lot of you might disagree. I welcome your views and criticism.
     

Share This Page