BTC technology and the need for referral codes/links.

[Despairo]

Bitcoin isn't a pyramid scheme like other scam centralized sites, that's why no referral program in Bitcoin.

@OP remember, Bitcoin isn't something that built for making money quickly, it's just an unique currency that doesn't need to be approved by third party like banks.

You can become a miner if you want to earn Bitcoin than through holding or trading.

[davis196]

Is BTC technology a failing/failed technology because it has no referrals, but rely on an exchanges' program which aims for users to earn some dollars by referral codes?

Would referral codes even be a necessary initiative for the BTC investors and customers who intend to not only earn substantially by trading or HoDling, but by sharing their referral codes/links?

Is it even worth it to focus on earning by sharing referral codes?

Your thoughts are welcomed!

Bitcoin(and blockchain technology) is not a company nor an affiliate offer.
OP, do you really want to turn Bitcoin/blockchain into some kind of ponzi scheme, where the more referrals you gather the more money you earn? Have you seen any major altcoins having a referral system and offering commissions for every new user, who was referred by someone?
Do not mistake the technology with the companies, that are using that technology to run their business.
Many crypto companies are offering referral programs because this is a way for them to attract new customers for free.
I've never seen a legit altcoin becoming popular, only because it has a referral system.

[wallet4bitcoin]

Is BTC technology a failing/failed technology because it has no referrals, but rely on an exchanges' program which aims for users to earn some dollars by referral codes?

Would referral codes even be a necessary initiative for the BTC investors and customers who intend to not only earn substantially by trading or HoDling, but by sharing their referral codes/links?

Is it even worth it to focus on earning by sharing referral codes?

Your thoughts are welcomed!

The Blockchain network was designed to be a peer to peer system, devoid of anything networking. I consider this a fair deal to ensure balance without bias to a particular person giving in so much effort towards the tech.

Referral on the other hand is for reward systems, if you want to be rewarded then become a miner, so I can comfortably say that  Satoshi in his technology was circumspect in his consideration. He may not have plied the regular routes known and expected by the tech space but he satisfied every condition for operation.

[kryptqnick]

Is BTC technology a failing/failed technology because it has no referrals, but rely on an exchanges' program which aims for users to earn some dollars by referral codes?

Would referral codes even be a necessary initiative for the BTC investors and customers who intend to not only earn substantially by trading or HoDling, but by sharing their referral codes/links?

Is it even worth it to focus on earning by sharing referral codes?

Your thoughts are welcomed!

As others have pointed out repeatedly, referrals are things that businesses use. Bitcoin isn't a company, it isn't a business. Does the USD have referrals? Does it bother you that it doesn't? But even looking at the stock market: does S&P 500 have referral codes? Referrals are just one way of attracting people, and there's no necessity in them at all. The history of BTC price clearly shows that people don't need referrals to invest in it.
Also, to me, referral codes are often actually a red flag, a sign of scam because referral programs are often used in financial pyramids. So I'm happy there are no Bitcoin referrals.

[uneng]

Is BTC technology a failing/failed technology because it has no referrals, but rely on an exchanges' program which aims for users to earn some dollars by referral codes?

Bitcoin technology is still a successful one, which is working nicely since its introduction to the public, in 2009. By the number of adopters, businesses and money flowing into this market you can conclude how successful it is. There aren't doubts about it.

Would referral codes even be a necessary initiative for the BTC investors and customers who intend to not only earn substantially by trading or HoDling, but by sharing their referral codes/links?

Is it even worth it to focus on earning by sharing referral codes?

It's not a necessary initiative, because it's much more reliable to profit only by holding your investments in BTC. But for some people to share referral codes can indeed work as a side income, depending how efficient they are promoting their links and making people sign up on different crypto services through them. It's not that easy, though, and only a minority percentage of referral links promoters will be successful doing so, as to earn a decent income from this you need hundreds or thousands of people signed up under your links.