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Why is Bitcoin not a pyramid scheme? - Quora

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Bitcoin is a Ponzi scheme, and it will collapse like one | TheHill

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1 Dec 2015 Ten thousand people thought they were buying hardware for a massive Bitcoin mining operation. They were really joining an old-fashioned pyramid scheme.

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Dubious Bitcoin Scheme Uses Ethereum ICO to Keep the Game Going - There has been an interesting turn of events in the case of the alleged India-based Ponzi scheme known as GainBitcoin. Recently, after a petition from an outraged GainBitcoin investor surfaced, the group behind the scheme launched an 

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Bitcoin is not money. Bitcoin (and the like) is a scheme valued at present on the hope of an ever-increasing number of folk paying (in real value) an ever increasing price - for a token of no intrinsic value. Early Bitcoin players profit from later folk who join the game. The end result is in essence a pyramid scheme. Update: One 

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