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📰 Crypto Controversy
Former Boris Johnson, ex-Prime Minister of the UK, called Bitcoin a Ponzi scheme in a recent op-ed.
He shared a personal story of friends investing early and warned readers about crypto risks, reigniting debate over BTC’s legitimacy and market volatility.
#Bitcoin❗ #BTC突破7万大关 #Crypto #BorisJohnson #cryptodebate $BTC
Former Boris Johnson, ex-Prime Minister of the UK, called Bitcoin a Ponzi scheme in a recent op-ed.
He shared a personal story of friends investing early and warned readers about crypto risks, reigniting debate over BTC’s legitimacy and market volatility.
#Bitcoin❗ #BTC突破7万大关 #Crypto #BorisJohnson #cryptodebate $BTC
BORIS JOHNSON SLAMS BITCOIN AS PONZI SCHEME 🚨
Former UK Prime Minister Boris Johnson has delivered a scathing critique of Bitcoin, labeling it a "giant Ponzi scheme" in a recent Daily Mail column. He argued that digital assets lack intrinsic value and rely on the "greater fool" theory, warning ordinary people are falling victim to speculation and fraud. Johnson contrasted Bitcoin with gold and fiat currency, suggesting state backing provides a safety net absent in decentralized systems. This statement comes despite his former administration's pro-crypto policies.
This narrative shift could trigger significant institutional sentiment adjustment. Observe for potential sell-offs driven by regulatory FUD. Prepare to capitalize on any panic liquidation.
Not financial advice. Manage your risk.
#Bitcoin #CryptoNews #MarketSentiment #BorisJohnson
🔥
Former UK Prime Minister Boris Johnson has delivered a scathing critique of Bitcoin, labeling it a "giant Ponzi scheme" in a recent Daily Mail column. He argued that digital assets lack intrinsic value and rely on the "greater fool" theory, warning ordinary people are falling victim to speculation and fraud. Johnson contrasted Bitcoin with gold and fiat currency, suggesting state backing provides a safety net absent in decentralized systems. This statement comes despite his former administration's pro-crypto policies.
This narrative shift could trigger significant institutional sentiment adjustment. Observe for potential sell-offs driven by regulatory FUD. Prepare to capitalize on any panic liquidation.
Not financial advice. Manage your risk.
#Bitcoin #CryptoNews #MarketSentiment #BorisJohnson
🔥
Former UK Prime Minister Boris Johnson delivered his warning about Bitcoin in a Daily Mail column on March 13, 2026. He described Bitcoin as a “giant Ponzi scheme” and recounted the story of a church acquaintance who lost £20,000 in crypto, saying the experience left the investor struggling financially and tempted to keep investing in hopes of recovering losses. He argued that such cases are becoming increasingly common, particularly among older investors unfamiliar with how crypto markets operate.
He contrasted Bitcoin with assets like gold or collectibles such as Pokémon cards, which he said at least have recognizable appeal, while Bitcoin exists only as “a string of numbers stored in a series of computers.” Johnson compared crypto with traditional currencies, noting that their value historically derives from the authority of governments that issue them. Using the example of Roman coins bearing the image of Caesar, he argued that trust in currency has always come from the power of institutions backing it.
Later Michael Saylor commented "Bitcoin is not a Ponzi scheme. A Ponzi requires a central operator promising returns and paying early investors with funds from later ones. Bitcoin has no issuer, no promoter, and no guaranteed return—just an open, decentralized monetary network driven by code and market demand."
#CryptoNews #Bitcoin #BorisJohnson
He contrasted Bitcoin with assets like gold or collectibles such as Pokémon cards, which he said at least have recognizable appeal, while Bitcoin exists only as “a string of numbers stored in a series of computers.” Johnson compared crypto with traditional currencies, noting that their value historically derives from the authority of governments that issue them. Using the example of Roman coins bearing the image of Caesar, he argued that trust in currency has always come from the power of institutions backing it.
Later Michael Saylor commented "Bitcoin is not a Ponzi scheme. A Ponzi requires a central operator promising returns and paying early investors with funds from later ones. Bitcoin has no issuer, no promoter, and no guaranteed return—just an open, decentralized monetary network driven by code and market demand."
#CryptoNews #Bitcoin #BorisJohnson
⚡ LATEST:🇬🇧 Boris Johnson, the former prime minister of the United Kingdom, called $BTC a “Ponzi Scheme," BlackRock won’t get too creative with the types of crypto ETFs it offers, and other news.
$CFG $LTC
#BTCReclaims70k #BorisJohnson #blackRock #KATBinancePre-TGE #PCEMarketWatch
$CFG $LTC
#BTCReclaims70k #BorisJohnson #blackRock #KATBinancePre-TGE #PCEMarketWatch
Boris is out again stirring things up, posting that Bitcoin is a Ponzi scheme, and even mentioning retail investors losing money. Teacher Saylor responded at lightning speed, directly pointing out: Bitcoin has no issuer, no promised returns, and relies purely on code and market dynamics; this logic is fundamentally unrelated to Ponzi schemes.
To be honest, this kind of outdated rhetoric sounds a bit retro in 2026. From a macro perspective, such statements can at most be considered a noise disturbance in sentiment; traditional politicians' biases against non-sovereign currencies run deep, especially in a stage of global consensus game theory, where there will always be someone wanting to jump out to gain attention. In fact, everyone is already used to it; rather than focusing on the former prime minister's personal biases, it’s better to pay more attention to the fund flows of ETFs and the on-chain distribution of chips, as that truly reflects the real position. #Macro #MichaelSaylor #BorisJohnson $BTC
To be honest, this kind of outdated rhetoric sounds a bit retro in 2026. From a macro perspective, such statements can at most be considered a noise disturbance in sentiment; traditional politicians' biases against non-sovereign currencies run deep, especially in a stage of global consensus game theory, where there will always be someone wanting to jump out to gain attention. In fact, everyone is already used to it; rather than focusing on the former prime minister's personal biases, it’s better to pay more attention to the fund flows of ETFs and the on-chain distribution of chips, as that truly reflects the real position. #Macro #MichaelSaylor #BorisJohnson $BTC
Former UK Prime Minister Boris Johnson delivered his warning about Bitcoin in a Daily Mail column on March 13, 2026. He described Bitcoin as a “giant Ponzi scheme” and recounted the story of a church acquaintance who lost £20,000 in crypto, saying the experience left the investor struggling financially and tempted to keep investing in hopes of recovering losses. He argued that such cases are becoming increasingly common, particularly among older investors unfamiliar with how crypto markets operate.
He contrasted Bitcoin with assets like gold or collectibles such as Pokémon cards, which he said at least have recognizable appeal, while Bitcoin exists only as “a string of numbers stored in a series of computers.” Johnson compared crypto with traditional currencies, noting that their value historically derives from the authority of governments that issue them. Using the example of Roman coins bearing the image of Caesar, he argued that trust in currency has always come from the power of institutions backing it.
Later Michael Saylor commented "Bitcoin is not a Ponzi scheme. A Ponzi requires a central operator promising returns and paying early investors with funds from later ones. Bitcoin has no issuer, no promoter, and no guaranteed return—just an open, decentralized monetary network driven by code and market demand."
#CryptoNews #Bitcoin #BorisJohnson
He contrasted Bitcoin with assets like gold or collectibles such as Pokémon cards, which he said at least have recognizable appeal, while Bitcoin exists only as “a string of numbers stored in a series of computers.” Johnson compared crypto with traditional currencies, noting that their value historically derives from the authority of governments that issue them. Using the example of Roman coins bearing the image of Caesar, he argued that trust in currency has always come from the power of institutions backing it.
Later Michael Saylor commented "Bitcoin is not a Ponzi scheme. A Ponzi requires a central operator promising returns and paying early investors with funds from later ones. Bitcoin has no issuer, no promoter, and no guaranteed return—just an open, decentralized monetary network driven by code and market demand."
#CryptoNews #Bitcoin #BorisJohnson
Boris Johnson attacks Bitcoin and triggers a wave of reactions.
Bitcoin is not immune to criticism and attacks of all kinds. Central bankers, Nobel Prize winners in Economics, heads of state: all have shared their opinions. This time, it is a former resident of number 10 Downing Street who takes up the battle. Boris Johnson has wielded the pen to strike against the queen of cryptocurrencies. But the attack could backfire.
In brief
Boris Johnson described bitcoin as a Ponzi scheme in a column for the Daily Mail shared on X.
The former prime minister relies on the story of a friend who lost £20,000 in a cryptocurrency scam.
Michael Saylor responded that, unlike Ponzi schemes, bitcoin has no issuer, promoter, or guarantee of return.
However, the Johnson administration laid the groundwork for British cryptocurrency regulation between 2019 and 2022.
BoJo's attack: a friend, a pub, and £20,000 lost.
News about Bitcoin: it all started in an English village, specifically near the church attended by the former prime minister. A retired friend, an obviously naive former businessman, met a stranger in a pub one night. The man promised him the moon with disconcerting confidence. He claimed he could double his money quickly thanks to Bitcoin, with no risk.
The potential victim initially pays £500, seduced by the tempting promise. Then, he pays additional fees for three long years and a half. In the end, £20,000 disappears without a trace, leaving a bitter taste.
$BOME
$X
$LINK
#BorisJohnson
Bitcoin is not immune to criticism and attacks of all kinds. Central bankers, Nobel Prize winners in Economics, heads of state: all have shared their opinions. This time, it is a former resident of number 10 Downing Street who takes up the battle. Boris Johnson has wielded the pen to strike against the queen of cryptocurrencies. But the attack could backfire.
In brief
Boris Johnson described bitcoin as a Ponzi scheme in a column for the Daily Mail shared on X.
The former prime minister relies on the story of a friend who lost £20,000 in a cryptocurrency scam.
Michael Saylor responded that, unlike Ponzi schemes, bitcoin has no issuer, promoter, or guarantee of return.
However, the Johnson administration laid the groundwork for British cryptocurrency regulation between 2019 and 2022.
BoJo's attack: a friend, a pub, and £20,000 lost.
News about Bitcoin: it all started in an English village, specifically near the church attended by the former prime minister. A retired friend, an obviously naive former businessman, met a stranger in a pub one night. The man promised him the moon with disconcerting confidence. He claimed he could double his money quickly thanks to Bitcoin, with no risk.
The potential victim initially pays £500, seduced by the tempting promise. Then, he pays additional fees for three long years and a half. In the end, £20,000 disappears without a trace, leaving a bitter taste.
$BOME
$X
$LINK
#BorisJohnson
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