Blockstream's Adam Back Slams Ethereum as a Ponzi-Scheme
Charles Ponzi and Bernie Madoff are two of the most famous creators of Ponzi-schemes, while Bitconnect and OneCoin are famous cryptocurrency projects that were revealed to be Ponzis. Back likened such schemes to altcoins Ethereum, Ripple and Stellar, along with Dan Larmer', which was presumably a reference to Bitshares and Steem creator Dan Larimer.
