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![VladTheInflator Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1373772003191099392.png) Darth Powell [@VladTheInflator](/creator/twitter/VladTheInflator) on x 95.9K followers
Created: 2025-07-08 18:53:40 UTC

The crypto pyramid scheme

Price depends on new buyers: BTC’s value rises mostly because people believe others will buy it later at a higher price (the "greater fool" theory).

Early adopters benefit most: Those who got in early (2010–2013) hold massive gains, often offloading risk to newer retail investors.

No intrinsic cash flow: BTC doesn’t generate dividends or yield — its price is purely based on market perception.

Narrative-driven: Like many speculative bubbles, BTC relies on belief systems (e.g., "sound money," "digital gold") that incentivize spreading the gospel.


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1942658358626115959/c:line.svg)

**Related Topics**
[cash flow](/topic/cash-flow)
[fool](/topic/fool)
[powell](/topic/powell)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/VladTheInflator/status/1942658358626115959)