One significant local blockchain specialist from China has referred to cryptocurrencies like Bitcoin as a “Ponzi scheme” amid the Chinese government’s ongoing celebration of the sharp collapse of crypto markets this year. The Blockchain Service Network (BSN), China’s largest blockchain project, is being developed by Red Date Technology, whose CEO, Yifan He, has written a […]The post BSN chair believes Bitcoin is Ponzi and stablecoins would be fine once regulated appeared first on Blockchain, Crypto and Stock News.
