Former UK Finance Minister Kwasi Kwarteng to Boris Johnson:

"Calling Bitcoin a Ponzi is like calling the internet a pyramid scheme because websites gain users over time."

BTW: Bitcoin has no central operator. No promised returns. No issuer. No promoter.

Just mathematics, code, and a monetary policy that politicians can't rewrite.

A Ponzi pays early investors with money from later ones. Bitcoin simply runs on an open, decentralized network driven by code and market demand.

The debate is over. The institutions know it. The governments know it.

The only question left is: are you early or are you late?