Oduwa Blockchain Solutions
3 min readApr 21, 2024

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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…

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Oduwa Blockchain Solutions

Oduwacoin : The First Pan-African Independent Blockchain Currency