Pyramid vs BTC: what are the real differences?

Is someone constantly claiming that Bitcoin is a pyramid scheme? Let's figure out what the real difference is.

How the pyramid works: The simple scheme – the money from early investors goes to pay the newcomers. When the influx of newcomers dries up, the whole system collapses. Those who got in first can exit with a good profit. Those who come last – lose everything.

About BTC otherwise:

Transparency as a foundation. Every transaction is recorded in the blockchain from the very beginning. The source code is open to everyone. No secrets, like in Ponzi schemes.

No one guarantees profit. Bitcoin is a technology, not an investment scheme. There are no guarantees, like in a pyramid.

No payment delays. You can withdraw BTC whenever you want, no one will hold you back. In pyramids, there are often delays and complicated payment systems.

There was no pre-mining. All coins have been available to the community from day one. Satoshi mined BTC under the same conditions as anyone else.

Decentralization. It is impossible to change the Bitcoin algorithm without the consent of the majority of the network. In a pyramid, there is one king at the top; in BTC, power is distributed.

Red flags of the pyramid: ✗ Guaranteed high profitability without risk ✗ No registration, licenses, information ✗ Complex and unclear strategies ✗ Delays in payments

Bitcoin? None of that. Just an open technology that has been working for 15+ years without a centralized “head”.

BTC1,56%
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