Is bitcoin the perfect pyramid scheme?

>>1734651
Why do you say this?

>>1734680
>Why do you say this?

Do some reading on how Madoff shifted his working capital around 100's of funds and drove up Enron's valuations.

He did it in a very close environment with very little transparency where he had control of all the auditing.

Not unlike 99% of the bitcoins being held in the 1% of Chinese wallets.

>>1734701
>Not unlike 99% of the bitcoins being held in the 1% of Chinese wallets.
https://blockunchained.com/how-chinese-is-bitcoin-part-1-trade-volume-795ac3ed221b#.carfyc12n

>>1734651
Yes.

>>1734651

Perfect?

No.

But nothing's perfect.

Bitcoin's probably the only currency I know of that can vanish relatively easily.