diff --git a/docs/jargon-org.txt b/docs/jargon-org.txt
index a6b8b60..143110b 100644
--- a/docs/jargon-org.txt
+++ b/docs/jargon-org.txt
@@ -19,7 +19,7 @@ Free Documentation License".
 
 * Generated
 
-This file last generated Sunday, 30 April 2017 10:37AM UTC
+This file last generated Monday, 11 December 2017 10:37AM UTC
 
 * Glossary
 ** (
@@ -5931,6 +5931,9 @@ vi. See like nailing jelly to a tree.
 *** naive user
 n. A luser. Tends to imply someone who is ignorant mainly owing to inexperience. When this is applied to someone who has experience, there is a definite implication of stupidity.
 
+*** nakamoto scheme
+Originally coined by Preston Byrne, in which the modus operandi of Bitcoin is considered to be sufficiently dissimilar to a pyramid scheme to warrant the creation of a new term. In a pyramid scheme there is typically one villain at the top, but within a system like Bitcoin the prime mover is the algorithm and not any particular individual - even its original inventor. Like a pyramid scheme, the algorithm determines from the outset how value to get distributed within the system. What superficially appears impartial and coldly mathematical has a predetermined social outcome.
+
 *** nano
 /nanoh/ , n. [CMU: from nanosecond ] A brief period of time. Be with you in a nano means you really will be free shortly, i.e., implies what mainstream people mean by in a jiffy (whereas the hackish use of jiffy is quite different see jiffy ).
 
diff --git a/docs/jargon.1.gz b/docs/jargon.1.gz
index 15a91be..162c23d 100644
Binary files a/docs/jargon.1.gz and b/docs/jargon.1.gz differ
diff --git a/docs/jargon.html b/docs/jargon.html
index b269e73..dc631e6 100644
--- a/docs/jargon.html
+++ b/docs/jargon.html
@@ -18,7 +18,7 @@ Free Documentation License".
       </p>
       <H2>Generated</H2>
       <p>
-This file last generated Sunday, 30 April 2017 10:37AM UTC
+This file last generated Monday, 11 December 2017 10:37AM UTC
 
       </p>
       <H2>Glossary</H2>
@@ -6944,6 +6944,10 @@ This file last generated Sunday, 30 April 2017 10:37AM UTC
         <p>
         n. A luser. Tends to imply someone who is ignorant mainly owing to inexperience. When this is applied to someone who has experience, there is a definite implication of stupidity.
         </p>
+        <H4>nakamoto scheme</H4>
+        <p>
+        Originally coined by Preston Byrne, in which the modus operandi of Bitcoin is considered to be sufficiently dissimilar to a pyramid scheme to warrant the creation of a new term. In a pyramid scheme there is typically one villain at the top, but within a system like Bitcoin the prime mover is the algorithm and not any particular individual - even its original inventor. Like a pyramid scheme, the algorithm determines from the outset how value to get distributed within the system. What superficially appears impartial and coldly mathematical has a predetermined social outcome.
+        </p>
         <H4>nano</H4>
         <p>
         /nanoh/ , n. [CMU: from nanosecond ] A brief period of time. Be with you in a nano means you really will be free shortly, i.e., implies what mainstream people mean by in a jiffy (whereas the hackish use of jiffy is quite different see jiffy ).
diff --git a/entries/nakamoto_scheme.txt b/entries/nakamoto_scheme.txt
new file mode 100644
index 0000000..f1a2de5
--- /dev/null
+++ b/entries/nakamoto_scheme.txt
@@ -0,0 +1,3 @@
+nakamoto scheme
+
+Originally coined by Preston Byrne, in which the modus operandi of Bitcoin is considered to be sufficiently dissimilar to a pyramid scheme to warrant the creation of a new term. In a pyramid scheme there is typically one villain at the top, but within a system like Bitcoin the prime mover is the algorithm and not any particular individual - even its original inventor. Like a pyramid scheme, the algorithm determines from the outset how value to get distributed within the system. What superficially appears impartial and coldly mathematical has a predetermined social outcome.
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