Bitcoin Is Dead

October 24, 2017
Bitcoin Price: $5518.85

UCLA FACULTY VOICE: BITCOIN IS AN ENERGY-WASTING PONZI SCHEME

Digital currencies, in their current form, should be prohibited by law. And not because they are a Ponzi scheme (which they are), and not because they can help facilitate criminal activity (which they do), but because they incur colossal social waste….

Professor, UCLA


Source: UCLA