Former UK Prime Minister Boris Johnson has described Bitcoin as a “Ponzi scheme” and argued that collectible Pokémon cards hold more practical value as tradable assets. The comments appeared in a Friday opinion article published in the Daily Mail, where Johnson criticized the cryptocurrency through the story of a friend who lost money to a fraudulent investment scheme tied to Bitcoin. Johnson wrote that the friend initially handed over £500 to an individual who promised to double the investment through Bitcoin trading. Over the next three and a half years, the friend continued to send additional payments labeled as ... (full story)