Why Bitcoin Is Worse Than Madoff

Last Updated on December 14, 2022 by Paganoto

Why bitcoin is worse than a Madoff-style Ponzi scheme

By contrast to investments with Madoff, Bitcoin is bought not as an income-earning asset but rather as a zero-coupon perpetual. In other words, …

Here's why Bitcoin looks worse than a Madoff-style ponzi …

Why bitcoin is worse than a Madoff-style ponzi scheme

Unlike investing with Madoff, Bitcoin is not purchased as an income generating asset, but rather as a zero coupon perpetual.

Academic says Bitcoin is worse than a Ponzi scheme

Robert McCauley, a scholar from Boston College and Oxford, argued Monday that Bitcoin (BTC-USD) is worse than a Ponzi scheme because the …

Why Bitcoin looks worse than a Madoff-style ponzi scheme

Why bitcoin is worse than a Madoff-style Ponzi scheme

“A Ponzi scheme is a zero-sum scam where losers can pursue a claim against the scammer. Bitcoin, however, is a negative-sum scam where there are no assets left …

FT Alphaville on Twitter: "Why bitcoin is worse than a Madoff …

A Ponzi scheme is a zero-sum enterprise. But bitcoin is a negative-sum phenomenon that you can’t even pursue a claim against, argues Robert …

Calling Bitcoin a Ponzi Scheme is Lazy Thinking | by Alvin T.

Since Bitcoin miners also have running costs, it is qualitatively different from a re-distributive Madoff-style Ponzi scheme. The debate is sure to continue.

Are Cryptocurrencies Really Like Ponzi Schemes? Here's …

Cryptocurrencies are, in fact, worse than Ponzi schemes, says Gaurav Mehta, founder of Catax, an online crypto tax and auditing platform.

Why bitcoin is worse than a Madoff-style Ponzi scheme

Why bitcoin is worse than a Madoff-style Ponzi scheme … This is a guest post by Robert McCauley, a non-resident senior fellow at Boston University’s Global …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.