Brazilian central bank President Ilan Goldfajn has compared the leading cryptocurrency Bitcoin to a pyramid scheme. He thus joins the ranks of numerous financial luminaries who apparently don’t understand Bitcoin, from billionaire investors to megabank CEOs like Jamie Dimon.
Based on a report by RttNews, Goldfajn has claimed that Bitcoin is similar to a pyramid scheme. He argued that people who are investing in digital currencies are interested in the same kind of returns being chased by investors in pyramid fraud…
Read Full: Brazilian Central Bank President Says Bitcoin is Pyramid Scheme
