The cryptocurrency community pushed back, with Michael Saylor saying Bitcoin has no issuer, promoter, or guaranteed return, ...
Boris Johnson described Bitcoin as a “giant Ponzi” in a Daily Mail column. The crypto community was quick to bite back.
Former UK PM Boris Johnson labeled Bitcoin a Ponzi scheme. Michael Saylor and crypto community members quickly responded with counterarguments.
Boris Johnson called Bitcoin a Ponzi scheme in a Daily Mail op-ed. Saylor and the crypto community fired back fast.
Johnson’s criticism comes despite previous links seen between the Johnson-led government and the crypto industry.