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How is Bitcoin a pyramid scheme as opposed to USD?

Is that a joke? Show me the USD swinging as wildly as Bitcoin does in any time frame. There's a reason it's the standard across the world.

I don't believe there is any conceptual correlation between X being a pyramid scheme and the price of X fluctuating wildly. "Pyramid scheme" is an actual term with a fairly widely-understood meaning. It doesn't just mean "any thing I don't like."

A very small minority of people control the vast majority of Bitcoin, it goes from thousands to hundreds over a course of months. All from manipulation by that small minority.

There's also a small minority of people that control the vast majority of USD.

A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services.

Bitcoin has no such thing.

Except the price of the USD isn't manipulated to such an extreme, only to encourage others to join in so they can be cashed out.

It represents a massive massive redistribution of wealth rather than a pyramid scheme. Not an even distribution, but a different distribution for sure.

There are many currencies that do swing as wildly as bitcoin and we do not refer to those as pryamid schemes.

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