“We see bitcoin as a bit of a Ponzi scheme,” David Gledhill, group chief information officer and head of group technology and operations at DBS, told CNBC on Wednesday.”
David Gledhill, Banker · Bitcoin since: +1,140%
As published by CNBC
One Of Asia's Largest Banks Says Bitcoin Is A Ponzi Scheme ↗
A little perspective.
Bitcoin on that day$6,599November 14, 2017
$100 at that price$1,240At our latest price check
Illustrative value using a Bitcoin price of $81,825, checked Oct 29, 2026, 4:17 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “One Of Asia's Largest Banks Says Bitcoin Is A Ponzi Scheme” — David Gledhill, CNBC, November 14, 2017. Bitcoin: $6,598.77. https://bitcoindeaths.com/posts/2017-11-14-one-of-asias-largest-banks-says-bitcoin-is-a-ponzi-scheme