The former British Prime Minister's view that "Bitcoin is a Ponzi scheme" has sparked controversy, while Michael Saylor emphasizes that BTC is decentralized and has no issuer
Former British Prime Minister Boris Johnson posted on the X platform expressing his long-standing suspicion that btc-42">Bitcoin is a "massive Ponzi scheme," and stated that recent cases of investment losses he has heard about have made him more concerned that this judgment may be correct.
In response, Michael Saylor, founder and CEO of Bitcoin treasury company Strategy, disagreed with this viewpoint. He pointed out that Ponzi schemes typically require a centralized operator to promise returns and pay early investors with the funds from later investors, whereas Bitcoin has no issuer or promoter, and there are no guaranteed returns; it is merely an open decentralized currency network driven by code and market demand.
You may also like

The most important thing in Web3 primary market investment

The strategic focus of cryptocurrency in reconstructing the international monetary system and the Chinese solution

Musk Poached Aave App's Web3 Prodigy

The Petro Order is Cracking. What Comes Next for the Middle East?

ETF Fund Inflows Emerging, What's Still Missing for BTC to Fully Recover?

Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry

Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy

What will the early Hyperliquid prediction market look like?

Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware

Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle

A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."

Bittensor Ecosystem Token SN Surges 5x in March, What's Behind Richard Heart's One-Liner?

The economy is entering a new cycle, how can the average person prepare?

Access Binance Alpha Box: Sigma.Money to Launch BNB Chain Ecosystem Yield Farming Gateway

Kimi, Chip, and Bean come together for a Crypto Hackathon: What did AI developers build on Monad?

How to Trade Crypto on Mobile Browser & Win LALIGA Tickets (2026 Guide)
Discover how AI automation, natural language trading, and mobile browser trading platforms are shaping automated trading in 2026. Join the WEEX live trading event for early access and rewards like LALIGA VIP tickets.

Connecting encryption, TradFi, and payments, is Gate completing the final puzzle of the "super APP"?

