Back to Bitcoin Obituaries Timeline

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.”"
BTC price when published:
$7,700.39
Current BTC price:
$87,947.07
Price change:
+1042.11%