1 / 1 Relevant items tagged with #FiatCurrency

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The Bitcoin Ponzi Scheme Paradox

[May 16 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…