Articles about Consumerization

Bitcoin confidence game is a Ponzi scheme for the 21st century

Bitcoin confidence game is a Ponzi scheme for the 21st century

It's captured the imaginations of enthusiasts all too ready to exchange it for real-world goods, but recent and repeated hacks of Bitcoin's underlying elements suggest the virtual currency is no more real than the Ponzi schemes of yesteryear – and it's only a matter of time until the faithful get burnt.

published March 10, 2014 by

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