Michael Saylor Pushes Back After Boris Johnson Calls Bitcoin A ‘Giant Ponzi Scheme,’ Says Crypto Has ‘No Issuer, No Promoter’

On Friday, Michael Saylor defended Bitcoin (CRYPTO: BTC) after former UK Prime Minister Boris Johnson described cryptocurrencies as a « giant Ponzi scheme » in a column. Boris Johnson Questions Bitcoin’s Value In a Daily Mail column, Johnson argued that Bitcoin and other digital assets rely largely on belief rather than inherent value.

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