๐ฐ News14 March 2026ยท2 min readยท
Michael Saylor Rebuts Boris Johnson's 'Ponzi' Label for Bitcoin
Source: coindesk
Former UK Prime Minister Boris Johnson's characterisation of Bitcoin as a 'Ponzi scheme' has drawn sharp rebuttal from the crypto community, including Strategy's Michael Saylor. Saylor argued that Bitcoin has no issuer, promoter, or guaranteed return, and is instead governed by code and market demand โ distinguishing it fundamentally from a Ponzi structure. The exchange highlights ongoing tension between traditional political figures and crypto advocates over Bitcoin's legitimacy.
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