> If bittorent was invented today you'd have to buy into some pyramid scheme to use it.
Bitcoin was effectively invented 'today', yet you don't have to buy into a pyramid scheme to use it.[1] For example, you could simply use it for cross-border remittance to avoid paying Western Union's high fees, without ever holding bitcoin, by using an app like Strike to send dollars from the US to El Salvador (using bitcoin's instantaneous lightning network as the payment rails behind the scenes)[2]. Or you could prove the existence of a digital document at a certain time by using Peter Todd's Open Timestamps[3], which simply puts a hash or your file into an Op Return on bitcoin's blockchain. Or, you could work on developing software or providing support or writing tutorials for the bisq protocol, get paid for your work with their bisq token (which is simply colored bitcoin), and cash out to have you national currency dumped in your bank account using the bisq software which has been developed and supported by a decentralized community with its governance built directly on bitcoin.[4]
If you really still think bitcoin is a pyramid scheme, there's plenty or ways one could benefit from it without having to "buy in" or hold it. But if you put in the time and learn, you'll discover bitcoin is innovative technology, distinctly separate from the crypto space awash with scams and rug-pulls, like the fiat world already is.
Bitcoin was effectively invented 'today', yet you don't have to buy into a pyramid scheme to use it.[1] For example, you could simply use it for cross-border remittance to avoid paying Western Union's high fees, without ever holding bitcoin, by using an app like Strike to send dollars from the US to El Salvador (using bitcoin's instantaneous lightning network as the payment rails behind the scenes)[2]. Or you could prove the existence of a digital document at a certain time by using Peter Todd's Open Timestamps[3], which simply puts a hash or your file into an Op Return on bitcoin's blockchain. Or, you could work on developing software or providing support or writing tutorials for the bisq protocol, get paid for your work with their bisq token (which is simply colored bitcoin), and cash out to have you national currency dumped in your bank account using the bisq software which has been developed and supported by a decentralized community with its governance built directly on bitcoin.[4]
If you really still think bitcoin is a pyramid scheme, there's plenty or ways one could benefit from it without having to "buy in" or hold it. But if you put in the time and learn, you'll discover bitcoin is innovative technology, distinctly separate from the crypto space awash with scams and rug-pulls, like the fiat world already is.
[1] https://www.lynalden.com/bitcoin-ponzi-scheme/
[2] https://strike.me/
[3] https://opentimestamps.org/
[4] https://bisq.network/