Former UK Prime Minister Boris Johnson calls Bitcoin a Ponzi scheme and says Pokémon cards hold more value.

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Bitcoin breaking news: Former UK Prime Minister Boris Johnson called Bitcoin a "Ponzi scheme" in a Daily Mail article, claiming Pokémon cards are a better investment. He cited a friend’s £20,000 loss over 3.5 years due to a Bitcoin scam. Michael Saylor and Pierre Rochard from MicroStrategy and Bitcoin Bond responded, defending Bitcoin as a decentralized system and criticizing the UK’s debt-based economy.

Odaily Planet Daily Report: Former UK Prime Minister Boris Johnson published a commentary article in the Daily Mail, labeling Bitcoin a "Ponzi scheme" and asserting that collectible Pokémon cards hold greater practical value as tradable assets than Bitcoin. In the article, Johnson recounted the experience of a friend who initially paid £500 to someone promising to double his investment through Bitcoin trading, and over the next three and a half years continued paying various fees, totaling approximately £20,000 in transfers, yet never received any return.

Strategy co-founder Michael Saylor responded that Bitcoin has no issuer, no promoter, and no guaranteed returns—it is an open, decentralized monetary network driven by code and market demand. Pierre Rochard, CEO of The Bitcoin Bond Company, noted that the UK financial system itself is a debt-driven structure reliant on continuous borrowing.

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