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Boris Johnson Slams Bitcoin as Ponzi Scheme, Michael Saylor Fires Back
Boris Johnson, who previously served as the United Kingdom’s Prime Minister, ignited controversy across the cryptocurrency sector this week by labeling Bitcoin a “giant Ponzi scheme” in a newspaper opinion piece. The digital asset community wasted no time mounting a vigorous defense. Johnson’s column appeared in the Daily Mail on Friday, March 14, 2026. He began by recounting an anecdote about an Oxfordshire villager who gave £500 (~$661) to someone at a local pub after being promised the funds would be doubled via Bitcoin investments. According to Johnson, the individual spent three and a half years ... (full story)
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