this post was submitted on 27 Feb 2024
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[–] Krauerking@lemy.lol 1 points 9 months ago (5 children)

Lol. Fucking batcoinz? That's the source? Also love that you have to pay to read this random guys musings about bitcoin. The way to make money in Bitcoin is still mostly selling others on Bitcoin.

What a slow burn of a pyramid scheme.

[–] O_i@lemmy.world 2 points 9 months ago (3 children)

I encourage you to read more. If you’re using lemmy then you should already understand the core concept of bitcoin (not crypto/shitcoins)

[–] Krauerking@lemy.lol 0 points 9 months ago (2 children)

LOL I understand it just fine. I have made some money on it too.

Still a pyramid scheme. But so engrained that I'm not sure it will ever truly die because someone else will be along to swear it's worth it cause of how much time, effort, money, and the energy of a small nation that was put into it.

But oh man "uhh Bitcoin isn't like all the other crypto which is worthless scams" lol

[–] O_i@lemmy.world 2 points 9 months ago

Could you explain how it’s a pyramid scheme? General curious as no one owns it

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