Crypto Criticism

Bitcoin

2026-07-22 07:39:13

Is Bitcoin a Ponzi Scheme? Actor Ben McKenzie’s Accusation Sparks Heated Debate

Actor Ben McKenzie calls crypto the "largest Ponzi scheme in history," igniting fierce debate. This article examines Ponzi definitions, arguments for and against Bitcoin being one, and real crypto Ponzi cases.

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Mark Cuban

2026-07-08 15:32:12

Mark Cuban Slams Meme Coins, Suggests Launching His Own to Reduce U.S. Debt

Mark Cuban criticizes the TRUMP and MELANIA meme coin trend, calling it a net negative for crypto, but proposes issuing his own token with proceeds going to the U.S. Treasury to help reduce the national debt.

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Bitcoin

2026-06-27 19:11:06

Billionaire Jeremy Grantham: Bitcoin Won't 'Go to Zero' But Will Fade Into Obscurity

Billionaire investor and GMO co-founder Jeremy Grantham has renewed his criticism of Bitcoin, calling it a 'useless speculative' asset with no intrinsic value. He predicts Bitcoin will gradually become irrelevant over the next several years or even decades, describing its decline as a 'quiet death' rather than a sudden crash. Grantham argues Bitcoin fails as a store of value, citing its 52% pullback from October 2026 highs even amid a strong economy, while gold has held up relatively well. He also dismissed Bitcoin's real-world utility, claiming it is only used for illegal fund transfers. Currently trading around $60,000, Bitcoin has historically suffered at least 70% drawdowns in each bear cycle, and many investors expect the current weakness to persist for months.

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