Bitcoin SCAM warning: Currency is ‘pyramid scheme’ says top investor who predicted crash



CRYPTOCURRENCY Bitcoin is a nothing more than a fad or pyramid scheme style scam, according to billionaire investor Howard Marks.

Source: Daily Express :: Finance Feed http://ift.tt/2v1WegP

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July 27, 2017 at 8:07 PM delete

This is another example of an uninformed outsider making uninformed statements. It's painfully obvious that he has little knowledge about the utility of bitcoin and it's underlying technology, the blockchain.

To state that bitcoin has no use cases other than speculation is absolutely ridiculous. Either Marks is too lazy to do even a modicum of research, or he is so embarrassed that he's missed this incredible opportunity that he feels a need to publicly poo poo what is proving to be one of the greatest opportunities for financial gain in a generation.

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