Category: Pyramid

Bitcoin, a Pyramid Scheme? Pick Up Those Blocks and I’ll Tell You
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Bitcoin, a Pyramid Scheme? Pick Up Those Blocks and I’ll Tell You

Chief Economist for Lending Tree labels Bitcoin a ‘pyramid scheme’ – and he might just be right. Look closely at cryptocurrency and realize it probably isn’t the savior it’s been erroneously sold as. Cryptocurrency holders share much in common with money-lenders, land-owners and fractional reserve bankers – they just don’t know it. When someone in…

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