April 25, 2024

Why Bitcoin – pyramid?

1. Price is based on greed.
2. Creators - an individual or a small group of individuals.
3. Large % of Bitcoinsis stored on a small number of wallets, i.e. price movement - manipulated by this small number of players.
4.You can create “Bitcoin 2”, which surpasses the advantages of Bitcoin and the same deflationary one, hold a promotional campaign “Bitcoin 2”, and forget about Bitcoin 1, just don’t say that this is like the first cryptocurrency and the flag is in its hands, the owners of the money will make such a stuffing , that they will forget about Bitcoin 1, just as they have now forgotten about Ethereum 1, renamed Ethereum classic.
5. Don’t be followers of those who benefit from it.

ps:already now Bitcoin has been compromised, a lot of Bitcoins have been stolen from different owners, a lot of them participated in illegal financial transactions, you don't just need to talk about the anonymity of Bitcoin, it is not anonymous, or otherwise, it is anonymous until it was transferred to fiat, or vice versa, but there, the chain can already lead to the owner of Bitcoin, all this means that a lot of Bitcoins can legally, if Bitcoin is regulated, return to their original owners, and a lot can simply be confiscated.

ps2: Bitcoin is a technological dummy that will be used to achieve their goals.