Former PM of Israel expresses his opinion on Cryptos

Former PM of Israel expresses his opinion on Cryptos

The former Prime Minister of Israel, Ehud Barak, expressed on the Ponzi schemes and the cryptocurrencies, recently. Barak acknowledged the blockchain technology and smart contracts as the significant and mathematical concept. However, Barak stated, “The cryptocurrencies, Bitcoin and all others, that’s a Ponzi scheme,” and vouched that he would not invest.

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