Like Quote by Sam Bankman-Fried

The financial system as a whole has had the characteristics of a Ponzi scheme if we look at it fundamentally.

— Tim Lee

Madoff Securities is the world's largest Ponzi scheme.

— Harry Markopolos

If you look at carbon produced per dollar of economic activity, crypto is not a huge outlier.

— Sam Bankman-Fried

The number of industries, communities, habits, traditions, and even interpersonal interactions that Bitcoin has the potential to revolutionize is massive.

— Erik Voorhees

The crypto market has set the bar shockingly low for entrepreneurs to raise money, and this is dangerous for everyone involved.

— Nick Tomaino

People say it's a Ponzi scheme, it's a bubble. People really don't want to take it seriously. At some point, that narrative will shift…

— Cameron Winklevoss

I don't think it's any sort of stretch of the imagination to say that, very, very realistically, each single bitcoin, if bitcoin becomes popular,…

— Roger Ver

When running a Ponzi scheme, how does one avoid enormous, unexpected withdrawals - runs on the bank, so to speak - that would pull…

— Mitchell Zuckoff

Bitcoin is open-source, global, and requires no permission from anybody, so thousands of entrepreneurs are gravitating in and building their vision.

— Erik Voorhees

Cryptocurrencies are not evil and are not for money launderers and scammers. They are for entrepreneurs, technologists, change-the-world dreamers, and anyone who believes they…

— William Mougayar

A lot of people have, like, 95 percent of their wealth in bitcoin. Great for them, but I got to be smart.

— Charlie Shrem

In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors. Eventually, the promoter can no…

— Alex Berenson