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<p>[QUOTE=&quot;harrync, post: 6514073, member: 58588&quot;]Bitcoin is a mechanism by which wealth is transferred from late entrants to early entrants. That is, it&#039;s a pyramid scheme, like Ponzi, [monetary] chain letters, or fraudulent multi-level marketing. The beauty is its efficiency: no middle-man; late comers send their real money [dollars] directly to the early &quot;investors&quot;. It is also the best way to make illegal money transfers.[/QUOTE]</p><p><br /></p>

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