3 min readApr 21, 2024
Debunking the “Crypto is a Ponzi Scheme” Myth
One of the most contentious debates revolves around cryptocurrency is its legitimacy. Jamie Dimon, the Chief Executive Officer (CEO) of a global banking giant, JP Morgan Chase, has been vocal about its skepticism towards crypto, often labeling it as a Ponzi scheme.
However, a closer examination reveals that such assertions are misguided and fail to grasp the true potential and value of cryptocurrencies like…