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/biz/ - Business & Finance

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11155965 No.11155965 [Reply] [Original]

When did it first dawn on you that crypto is a pyramid scheme?

>> No.11155967

>>11155965
>just wait until adoption

>> No.11155971

>>11155965
when i saw alts tank from 100M$ to 100k$

this is literally all air based on fraud and marketing. literally only btc and monero are useful

>> No.11155979
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11155979

>>11155977
It's pretty obvious that crypto is a zero sum game. For someone to win someone has to lose, it's equivalent exchange.

>> No.11155983

>>11155965

>You actually fell for biz FUD

>> No.11156070

>>11155965
prolly when i went from 60k to 6k from May to Now

>> No.11156304

>>11155979
I gained everything and lost nothing.
Where is the equivalent exchange?

>> No.11156313

>>11155965
2015, sadly because i figured, i didn't earn as much as some people. Didn't lose that much afterwards either

>> No.11156473

>>11156304
You gained cryptos, and lost real money because you cannot really convert any relevant sum without freezing your bank's account

>> No.11156521
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11156521

>>11155965
it's not. like not even a little bit. look up the definition of "pyramid scheme" there's no recruitment or downline in crypto.

One could make an argument that certain cryptos were ponzis (pow3d, bitconnect), but that's no comparison.

>> No.11156528

Everything is a pyramid scheme

>> No.11156532

soon

>> No.11156578

When I thought a bit about this supposed money of the future and realized it's all shit that will never be used.

>> No.11156621

>>11155965
>When did it first dawn on you that crypto is a pyramid scheme?
when did you first realise that Fiat is an ever bigger ponzi pyramid with cheat codes like printing more for the top holders?

right, you didn't, did you brainlet.

when did you realize any capitalistic structure. is a pyramid, any company, any hirarchy.

absolute tard.

atleast bitcoin and crypto is a more honest piramid than fiat.

>> No.11156628

>>11155979
That's assuming crypto currencies are worthless. If they aren't then it's not a zero sum game in the long run.

>> No.11156633
File: 435 KB, 489x750, The Prophet 17.png [View same] [iqdb] [saucenao] [google]
11156633

>>11156304
>>11156473

No you fucking idiot it means that if you gain someone else is losing whilst if you lose someone else is gaining.

Zero Sum game. Only way to get ahead is to fuck over other suckers and get in early.

>> No.11156634

>>11156473
Ehm yes you can. If it's large sum of money you might have to provide some proof though.