Not bitcoin is not a financial pyramid. It may seem like that to people who have lost the middle because of their own stupidity. Bitcoin is a cryptovalent, which has several different functions. It allows users to make peer-to-peer transactions. It allows you to transfer funds from one wallet to another without intermediaries such as banks or financial institutions with low transaction fees.

By some investors, Bitcoin, like gold, is seen as a storehouse of value or alternative assets. Many people diversify their investment portfolio in order to keep as little money as possible in an inflationary fiduciary currency.

Others point to the speculative nature of Bitcoin. Bitcoin is a very volatile asset. Its fluctuations are frequent and strong, which is why investors try to make money from price increases. However, certain movements are unpredictable, people who do not take into account the high investment risk often lose their savings by making rash and ill-considered decisions.

Of course, there are also bitcoin-based scams, which are pyramids. You simply have to be reasonable and let yourself be tempted by a quick, big profit. If someone offers you big profits in a short period of time, take such a program under the magnifying glass and read the opinions on the Internet.

Is Bitcoin a ponzi scheme?