Bitcoin Is A Pyramid Scheme, Warns Former Wells Fargo CEO Dick Kovacevich — Bitcoin Obituary #204

Obituary #204 · · Bitcoin at $11,348
I think it’s a pyramid scheme. It makes no sense. I’m just surprised it isn’t even lower. There’s no fraudulent thing going on. It’s just a pyramid scheme. You’re betting that somebody is going to buy it. And some people have been right. The fundamentals make no sense.