Bitcoin Savaged By BIS As ‘A Bubble, Ponzi Scheme And An Environmental Disaster’
CNBC
"“While perhaps intended as an alternative payment system with no government involvement, it has become a combination of a bubble, a Ponzi scheme and an environmental disaster,” he said. “The volatility of bitcoin renders it a poor means of payment and a crazy way to store value.”"
— Augustin Carstens
General Manager, Bank for International Settlements
BTC price when published:
$7,700.39
Current BTC price:
$85,494.87
Price change:
+1010.27%