Why Bitcoin is a Scam

In a little more than 10 years, Bitcoin has become a ubiquitous part of everyday life, and the community around Bitcoin (and other cryptocurrencies) has grown exponentially. People have gotten rich off Bitcoin, you’re told; put money in it, and you’ll get rich too. But it’s all a lie. Doug Henwood, author of Wall Street, explains. Join us on Patreon, and help keep our videos free: Citations are provided in the video. But we highly recommend, as an additional source, Nicholas Nassim Taleb’s “Bitcoin Black Paper”: