I came across a news on
Quora and I went into a very deep reason on the reality of life and judge from the article on the post, I couldn't agree less with the author/writer because at the long run, it seems money is just circulating and the moment money seizes circulation, even the price of bitcoin is affected, hence the price of bitcoin would increase if demand increases and demand can only increase when there is more money to spend.
So I had to bring this to the forum to know if you guys also think, cryptocurrency is some ways a financial pyramid.
Let's discuss please
For some reason the link to Quora you posted doesn't work/exist, anyway just based on the title of your thread I want to point out that there is a big difference when we talk about bitcoin and cryptocurrencies: bitcoin is a cryptocurrencies but the cryptocurrencies are not bitcoin, and that is the most important thing. Many cryptocurrencies are scam, bitcoin is not. All cryptocurrencies are centralized, bitcoin is not. We always have to specify what we're talking about.
