Brazil Central Bank Chief Compares Bitcoin To Pyramid Scheme

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Brazilian central bank Banco Central do Brazil President Ilan Goldfajn has compared the.

Brazilian Central Bank President Says Bitcoin is Pyramid Scheme.

12 Dec 2019.

A suspected crypto scam that has cost investors over 1.5 billion Brazilian reals ($ 359 million) has been shut.

At the same time, the former chief of the central bank, Ilan Goldfajn, compared the currency to a “pyramid scheme.

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19 Oct 2017.

Brazilian central bank Banco Central do Brazil President Ilan Goldfajn has compared the leading cryptocurrency Bitcoin to a pyramid scheme.

24 Nov 2019.

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From Pakistan to Brazil, from Hong Kong to Norway, from Canada to Yemen.


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On November 16, 2017, the Brazilian Federal Reserve Bank (Banco Central do Brasil).

On June 19, 2014, the Governor General of Canada gave his assent to Bill.

[193] The sale of bitcoins at a loss in value compared to the original purchase.

or introduce regulations to ensure that it does not turn into a pyramid scheme.

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