Last Week on Crypto Twitter: Is It All A Decentralized Ponzi? | CoinMarketCap

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Last Week on Crypto Twitter: Is It All A Decentralized Ponzi? | CoinMarketCap
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It's never a dull week for crypto Twitter 😉 This week saw heated arguments over $BTC as a Ponzi scheme, crypto as a payment method and more.

Who Is Arguing In Way Too Public A Place?Crypto skeptic Liron Shapira challenged crypto over the launch of FedNow, an instant-banking service that will bring payments in the U.S.

The ol’ “Bitcoin is a Ponzi” argument featured elsewhere this week as well. We’ll get back to that in a minute.Actually nothing crypto-related to report from Elon Musk this week, who seemingly was busy launching rockets.We’ll see how well that tweet ages, but it probably wasn’t the last BTC purchase Michael Saylor made anyway…Our old friend JPMorgan CEO Jamie Dimon called Bitcoin a decentralized Ponzi scheme this week:that “Bitcoin has significant upside for investors now.

However, opinions differ on whether we’ll see more downside. Will Clemente thinks we’re already in the middle of a bear market and it won’t get much worse from here:Our take? That can be found in the . The short version is that it’s probably not looking too good for our favorite orange coin in the short to mid term…Anon, next time you make money shorting the market, make sure you vet your love interests:

Those bull market gains don’t last as long as you think they do and bear market gains are even harder to come by…Picking this one in honor of Michael Saylor, who’s the real MVP when it comes to buying BTC come hell or high water:And finally, one for the Europeans reading this:This article contains links to third-party websites or other content for information purposes only .

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