Home > Bitcoin > Is Bitcoin a Ponzi? A Rebuttal to Gary North’s Absurd Assertion

Is Bitcoin a Ponzi? A Rebuttal to Gary North’s Absurd Assertion

Well-known commentator and self-described Austrian school economics spokesperson, Gary North, has come out guns blazing, declaring that Bitcoin is nothing more than a ponzi scheme.

I read his essay, and found it absurd. And I’m not the only one.

If anyone is interested in this subject, then I recommend the following rebuttal of North’s argument, by John Mather, as published on Jeffery Tucker’s “The Libertarian Standard”.

It’s well worth the read…

Ponzi Logic: Debunking Gary North

 

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