“[BitCoin]'s the greatest scam of modern times. … the poor, the average mom-and-pop, the truck driver and the barber, who put their life savings into this, are going to lose their money, and be told to keep holding on, trust us, the value will go up. And they're gonna go bankrupt. They're gonna lose their life savings. … This is what happened with the dot-com boom, the grandma and grandpa lost their life savings. History is repeating itself. … We have these scamsters, basically, hyping the heck out of it, while all it's being used for is illegal money laundering. … It's simply gonna implode before you know it. And regular people who trust you are gonna lose their shirts. … Would you put your life savings into digital currency? You lose a password and you've lost everything. … They know it's gonna crash and burn. … it crashes and it goes to zero, and people lose their life savings. Don't do it. Get out of it, rather than losing everything you have. Yes, the price might increase, but more likely than not it's gonna be zero before you know it.”

—  Vivek Wadhwa

Digital Gold or Ponzi Scheme? http://youtube.com/watch?v=mkSw04Guw0E on CNN (6 January 2018, 1045 EST)

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Vivek Wadhwa 7
American academic

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