2017

“Bitcoin: Ponzi gone global” – Macro Business | $2358.96

By Alexander Reed

Last Updated: Jan 2, 2018

bitcoin obituary

“This is a global ponzi scheme and that’s the end of it. …You don’t have to be Einstein to see that a super-national currency like this fundamentally undermines the power of authoritarian states like China, not to mention liberal democracies as well. If you can tell me where that risk leads then you are Albert Einstein…

Play it, own it, do what you like with it, but always remember that it is nothing more that an intrinsically worthless global pyramid scheme that could collapse at any moment.”

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Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Alexander Reed
Alexander Reed
Editor

Having delved into futures trading in the past, my intrigue in financial, economic, and political affairs eventually led me to a striking realization: the current debt-based fiat system is fundamentally flawed. This revelation prompted me to explore alternative avenues, including... Read More

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