In today's early news
Cryptocurrency is a form of ponzi scheme says president of world bank...-kim
Do we actually believe this..... check this out
The President of the World Bank Group, Jim Yong Kim, has compared cryptocurrencies to “Ponzi schemes,” and thus, becoming the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin.
Kim’s expression of doubt about legitimacy of digital coins came amid slump in market for cryptocurrencies across the globe.
“In terms of using Bitcoin or some of the cryptocurrencies, we are also looking at it, but I’m told the vast majority of cryptocurrencies are basically Ponzi schemes. It’s still not really clear how it’s going to work,”
So whats your say....his he right
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