this post was submitted on 08 Dec 2024
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[โ€“] [email protected] 1 points 2 weeks ago (1 children)

Please explain how monero is a pyramid scheme?

[โ€“] [email protected] 8 points 2 weeks ago

It's unfair to lump all crypto into the same thing, but the perspective has a little validity:
Pyramid schemes are set up so that the earlier joiners tend to come away as winners while those who join at the end lose everything. Just about every collapsed crypto has had this same pattern.

Not that Monero is a collapsed Crypto. But if it ever does collapse, the pattern will probably look like a pyramid scheme.