There’s the “I’m so hot I’ll shoot my gun” rhyme
I’m so good at running that I’m going to the gym
And I’m wearing so fancy it’s like I’m a big deal
I’m so hot my girl I can’t believe she’s so mean
I’m so good at playing soccer I can see the ball on my toe in the endzone
And I’m pretty much hot just like my body
I’m so hot and I’m just not gonna cry
I’m so hot and I’m so damn sexy, I’ll just leave you with me
It’s the greatest thing on earth, ain’t no doubt about it
If it’s not clear already, many in the world of cryptocurrency and the blockchain space believe Bitcoin is a pyramid scheme. The following is the text of our latest article on CoinTelegraph
A couple of weeks ago, we reported on the growing belief among some in the Bitcoin community that the virtual currency they had been using for the previous six years (Bitcoin) was a pyramid scheme.
While the community was initially skeptical of the accusations, they accepted it as fact with a large degree of self-pity.
Bitcoin has become the new gold standard for what a currency can achieve, and in many regards, Bitcoin is “legit.” That said, there is still a lot of skepticism regarding the price and the value of the coin among those who see it as a great investment.
One of the major reasons as to why the community doubts it is due to the fact that most who have invested have been told the coin is not very stable right now.
The Bitcoin community has had to deal with this problem since 2012 and it is likely that we will have to deal with it for a long time yet.
To give a couple of examples, when we reviewed the Bitcoin marketplace, the majority of all funds made available had been withdrawn; and, as of the time of writing, there is little trading occurring.
One of the primary reasons for bitcoin’s popularity is that it allows users to exchange money between each other in a transparent manner through the use of an open platform.
In the case of BTC, this transparency is in the form of a market, an open exchange of money with which anyone can trade. There are also various services available in which users can “buy” or “sell” bitcoin for other commodities, or money.
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