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Title : World Depository Fiscal Establishment Primary Says Cryptocurrencies Are Ponzi Schemes
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World Depository Fiscal Establishment Primary Says Cryptocurrencies Are Ponzi Schemes

Jim Yong Kim

World Bank Group President Jim Yong Kim said Wed at a dinner inward Washington that "the vast bulk of cryptocurrencies" are essentially "Ponzi schemes", Bloomberg reports:

“In damage of using Bitcoin or around of the cryptocurrencies, nosotros are besides looking at it, but I’m told the vast bulk of cryptocurrencies are basically Ponzi schemes,” World Bank Group President Jim Yong Kim said Wed at an upshot inward Washington. “It’s nonetheless non actually clear how it’s going to work.”

 -RW

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