FinTech
One of Asia's largest banks says bitcoin is 'a Ponzi scheme'
One of Asia's largest banks is of the opinion that bitcoin is currently a financial scam. "We see bitcoin as a bit of a Ponzi scheme," David Gledhill, group chief information officer and head of group technology and operations at DBS, told CNBC on Wednesday. Bitcoin transactions are "incredibly expensive"…
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Click here to read the full story: South China Morning Post