Michael Saylor refutes former UK Prime Minister's claim that "bitcoin is a Ponzi scheme": BTC has no issuer and is decentralized

Jinse Finance reported that former UK Prime Minister Boris Johnson posted on the X platform, stating that he has long suspected that bitcoin is a "huge Ponzi scheme," and that some recent cases of investment losses have made him even more concerned that this judgment may be correct. In response, Michael Saylor, founder and CEO of bitcoin treasury company Strategy, expressed disagreement with this view. He pointed out that Ponzi schemes usually require a centralized operator to promise returns and use funds from later investors to pay early investors, whereas bitcoin has no issuer or promoter, no guaranteed returns, and is simply an open, decentralized monetary network driven by code and market demand.