China Blockchain Alliance Executives: Virtual Currency the 'Largest Ponzi Scheme in Human History'
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China Blockchain Alliance Executives: Virtual Currency the 'Largest Ponzi Scheme in Human History'

THELOGICALINDIAN - The administrator of Chinas Blockchain Service Network BSN Development Alliance Shan Zhiguang and his aide insisted in a afresh appear oped that basic bill is assuredly the better Ponzi arrangement in animal history However they accept said the amount of blockchain technology should not be abandoned because of basic currency

Opinion Piece Claims 90% of 100 Richest People Have Bad-Mouthed Virtual Currency

The administrator of the Chinese Blockchain Service Network (BSN) Development Alliance, Shan Zhiguang, and controlling administrator He Yifan, accept said basic bill is “undoubtedly the better Ponzi arrangement in animal history.” They additionally claimed that this Ponzi arrangement has back morphed into one that is “no best aloof about cash.”

In a contempo opinion piece appear by the Bodies Daily Online newspaper, the BSN administrator and his aide activate their advance on basic bill and bitcoin by pointing to the actuality it has been “bad-mouthed” by at atomic 90% of the 100 richest bodies in the world. The duo additionally gives the affidavit which accountable them to analogously appearance BTC or basic bill negatively. They wrote:

According to the duo, the disinterestedness in basic bill disinterestedness Ponzi schemes is not affiliated to any absolute asset or activity appropriately the accident is “close to infinity.” When attractive at the characteristics of basic currency, Zhiguang and Yifan said it is credible that these are constant with those of a alleged disinterestedness Ponzi scheme.

Blockchain Must Not Be Ignored

Elsewhere in the article, the BSN administrator and Yifan use the archetype of dogecoin to appearance how aloof one affecting alone can dispense or ascendancy the amount of a basic currency.

“So it’s accessible to accept that Musk can about-face his easily on dogecoin as a cloud, and about-face his easily into a rain. Just sending a cheep can accomplish the amount of basic bill flat,” the duo claimed.

Despite their attitude on basic currency, Zhiguang and Yifan insisted in their assessment allotment that blockchain technology, which anchors best cryptocurrencies, “should not be ignored.” The duo, however, appropriate that adjustment technology is still bare to ensure the blockchain plays “a huge role in assorted appliance fields.”

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