News · 14 March 2026

Boris Johnson calls Bitcoin "Ponzi Scheme"

David Sedlecký via Wikimedia Commons (CC BY-SA 4.0)

Former UK Prime Minister Boris Johnson's article sparked significant online criticism for its views on cryptocurrency. Published in the Daily Mail on Friday, he identified Bitcoin as an investment setup akin to a "Ponzi Scheme," arguing Pokémon cards held more tradable value. Johnson shared how a friend lost £20,000 across three and a half years attempting to double their money.

By BriefTea Editorial · 14 March 2026 at 19:09

Reported by Cointelegraph · How we write briefs

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