Bill Maher devoted a chunk of his chat show last night to brutally lay into crypto. On HBO’s Real Time, Maher told his viewers that crypto is a “Ponzi scheme.” Said Maher: “nothing with ‘crypto’ in the title ever turned out good!”
Central to Maher’s rant were two observations: that cryptocurrencies generate value without offering goods and services in exchange, and that they’re a massive drain on the environment.
“This is how the world economy crashed in 2009,” Maher said. “It wasn’t the lost value on actual houses that sunk us. It was this virtual market that required inventing virtual algorithms to bet on how much houses might be worth in a virtual scenario.”
He continued: “Our problem here is at root not economic but psychological. People who have been raised in a virtual world are starting to believe they can actually live in it.”
Cryptocurrency is like Tinkerbell’s light – its power source is based solely on enough children believing in it.
Źródło: https://decrypt.co/69651/bill-maher-trashes-crypto-as-ponzi-in-ten-minute-rant
