Bitcoin is a Ponzi Scheme - We've all Been fooled
Bitcoin is one big Ponzi Scheme
The biggest con we have ever seen in the last 10 centuries,
According to Mr. Howard Marks that is. Hedge fund manager of Oak Tree Capital.
A hedge fund that manages over 100 billion dollars in assets under management.
I have some serious issues with billionaires saying unreasonable things like this
But please watch this video so you can see how the people are being played for fools
Please tell me what your thoughts are in the comments below !
I think the video is good, but if he went in and explained money vs currency vs credit and one major point of any crypto can be knocked off by another you can see the scam or the problem in it.
I agreed that the market was highly speculative, but just because a crypto can be knocked off doesn't make cryptocurrencies a scam. Maybe a particular one, but this guy believes the whole market is a scheme
ya i see his point but no, I just say currencies in any form never last, only money lasts
Because billionaire, not necessarily open minded or smart.