Bitcoin struggles to shake off Ponzi scheme reputation
Digital currency has nearly tripled in value in the past 12 months but divides opinion
Bitcoin is the largest cryptocurrency with a market value of over £400bn
There are two words beginning with the letter B that spark a frenzy of impassioned opinions. One debate has just been put to bed, but the other, Bitcoin, has raged on and will do so for many years to come.
It is the premier “digital currency”. Some think it is the future of money while others claim it is a giant Ponzi scheme sucking in fools with no real understanding of investing, merely looking to get rich quick.
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