Indian Politician Thinks Bitcoin Is a Ponzi Scheme

A recent statement made by one of the Indian politicians shows the lack of awareness about the digital currency among many. The politician in question is Kirit Somaiya, a Member of Parliament from the ruling party. He was reported calling bitcoin a “hypothetical currency” and a “Ponzi scheme”. bitcoin is one of the first and … Continue reading Indian Politician Thinks bitcoin Is a Ponzi Scheme

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