So, is Bitcoin a pyramid scheme? The answer is no. Ponzi schemes attract many people successfully because they promise to make easy and quick riches. Although not a Ponzi scheme, Bitcoin has ...
Those attributes gave it robust foundations. Consider Bitcoin to be a pyramid, where the wider the base, the higher you can build (currently almost $2tn high, we might add). The slow, simple ...
Opinions expressed by Forbes Contributors are their own. Commentary curated by Forbes Asia. How can a single Bitcoin, which was trading at only a few hundred dollars two years ago, now be trading ...
The commission alleges that the HyperFund involved a “pyramid scheme-like referral system ... that his organization was not ...
Kenyan Bitcoin investors have fallen prey to a Brazilian pyramid scheme which has gone down with millions of shillings they had invested in it. The company known as Velox 10 launched operations in ...
Bitcoin is back in the news ... but have then turned out to be nothing more than well-organised pyramid frauds backed by a centralised database. The BBC carried out an investigation into this ...