The Economist’s cover featuring Bitcoin along with major currencies has Twitter guessing

2022-10-12 21:57

Twitter user @HKBelvedere recently posted a cover from the British weekly newspaper The Economist, accompanied by the text: “Another spooky cover from The Economist dropped a few days ago. The post The Economist’s cover featuring Bitcoin along with major currencies has Twitter guessing appeared first on CryptoSlate.

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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.

2019-6-4 19:03