Indian Politician Thinks Bitcoin Is a Ponzi Scheme

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 â??hypothetical currencyâ? and a â??Ponzi schemeâ?. Bitcoin is one of the first and …

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