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$BTC DEBATE ERUPTS: BORIS JOHNSON CALLS BTC A “PONZI,” KWASI KWARTENG FIRES BACK
In a striking column published on March 13, 2026, former UK PM Boris Johnson labeled Bitcoin as worthless, comparing it unfavorably to Pokémon cards. He argued that Bitcoin lacks intrinsic value, relying on a 'greater fool' theory. Johnson's critique was met with a swift rebuttal from former Chancellor Kwasi Kwarteng, who emphasized that #Bitcoin is based on 'mathematics and open-source code' rather than central promises. Michael Saylor and X Community Notes further clarified Bitcoin's free-market nature.
This clash is not just a debate on Bitcoin's legitimacy but also highlights a wider gap in understanding crypto among global leaders. Could this be the beginning of a broader movement questioning Bitcoin's place in the financial world?
The outcome of this debate may shape future discussions on cryptocurrency regulation and adoption.
$GT $DOGE #GateSquareAIReviewer #GateDerivativesHitsNewHighInFebruary #CryptoMarketBouncesBack #AAVETokenSwapControversy