Money and State
Money and State
"Give me control of a nation's money, and I care not who makes its laws."

Posts tagged "ponzi scheme"

Bitcoin, Value, and Ponzi Schemes

It appears that Gary North has used the falling Bitcoin price as an opportunity to reacquaint us with his condemnation of Bitcoin as a Ponzi Scheme. No doubt others will do the same in the coming days and weeks. http://kernelmag.dailydot.com/issue-sections/staff-editorials/11338/bitcoin-ponzi-scheme/ And while many casually-ignorant skeptics have called Bitcoin a ponzi scheme, Gary North is one of the only professionally-ignorant individuals to still hold this view. Sure, there are smart, professional...

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