If Bitcoin were a currency, it’d be the worst-performing one in the world, worse even than the Russian ruble. But Bitcoin isn’t a currency. It’s a Ponzi scheme for redistributing wealth from one libertarian to another. . . . But in the long run, we’re all dead, and Bitcoin might be too.
BITCOIN REVEALED: A PONZI SCHEME FOR REDISTRIBUTING WEALTH FROM ONE LIBERTARIAN TO ANOTHER
Economics Reporter, The Washington Post
Source: The Washington Post