1 / 1 Relevant items tagged with #FiatCurrency

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This Bitcoin Explainer Video Is Going Insanely Viral

[Jan 14 3:05 PM] I’ve been in Bitcoin for eight years now, and one of the hardest things I’ve faced is explaining Bitcoin to someone new. Whenever someone asks, “What is Bitcoin, and why is it important?” I struggle to give them something short and impactful. I’

The Bitcoin Ponzi Scheme Paradox

[May 16, 2024 3:12 PM] "Ponzi scheme" has become a byword for all manner of financial frauds and monetary scams. When a rapid six month collapse erased $2T (trillion) from crypto market capitalization in 2022, mainstream media outlets were quick to again label…

Tesla CEO Elon Musk Calls Fiat Currency a Scam

[Oct 3, 2023 5:30 PM] Tesla and Spacex CEO Elon Musk believes that fiat currency is a scam that is so normalized that we don’t even realize that it’s a scam. Many people share a similar view, including Rich Dad Poor Dad author Robert Kiyosaki, who has…

Elon Musk Calls Fiat Currency A Scam

[Oct 2, 2023 9:08 AM] In a characteristically bold and provocative post, Tesla and SpaceX CEO Elon Musk has once again stirred the financial world by declaring, "Fiat currency" a scam. Musk, responding to a post asking other X users what they think is a scam so…