Jorge Stolfi Compares Bitcoin with Ponzi and Penny Stocks
A Brazilian professor is receiving flacks from the Bitcoin community for comparing the digital currency with Ponzi schemes and penny stocks.
Jorge Stolfi, professor at State University of Campinas, and a staunch Bitcoin critic, said in an ETF filing that Bitcoin is a “speculative trading asset, and the value of which is “based on expectations of traders”. He went on saying that Bitcoin should be regulated the same way a Ponzi fund or a Penny stock is regulated.
http://www.newsbtc.com/2016/10/13/sec-bitcoin-etf-winklevoss-shares/
Topic: [2016-10-13]Jorge Stolfi Compares Bitcoin with Ponzi and Penny Stocks (Read 262 times)
October 13, 2016, 10:41:45 AM
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