this post was submitted on 04 Jul 2025
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cryptocurrency

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[–] Bronzebeard@lemmy.zip 1 points 3 days ago (1 children)

No, because pyramid scheme has a specific meaning and a stock using speculative investments to pro up it's own value does not fit that definition.

[–] CashDragon@realbitcoin.cash 0 points 3 days ago (1 children)

You did not watch the video.

[–] Bronzebeard@lemmy.zip 0 points 3 days ago (1 children)

I didn't have to. If a title asks a question, the answer is no.

[–] CashDragon@realbitcoin.cash 0 points 3 days ago* (last edited 3 days ago) (1 children)

Well you are wrong. It is a pyramid scheme as explained in the video. That is the whole point of information, you cannot conclude something from a title.

Sounds like you have an agenda.

[–] Bronzebeard@lemmy.zip 1 points 2 days ago (1 children)

Yeah I have an agenda against the misuse of words.

The video even says it, this is closer to a ponzi scheme than a pyramid scheme. Pushing aponzi scheme into a stock wrapper doesn't transform it into a pyramid.

[–] CashDragon@realbitcoin.cash 1 points 2 days ago

The important part is that it is a scheme which is destined for disaster. Once it blows up it will be irrelevant if a video called it a pyramid or ponzi, it being exposed is what matters.