Algebris CEO Serra Says Bitcoin Is a Ponzi Scheme

Dec.04 — Davide Serra, chief executive officer and founder at Algebris Investments, discusses the differences between bitcoin and blockchain. He speaks with Bloomberg’s Francine Lacqua on “Bloomberg Surveillance.”


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27 Thoughts to “Algebris CEO Serra Says Bitcoin Is a Ponzi Scheme”

  1. link

    He is right.

  2. d k

    You people have become dangerously delusional claiming to be bitcoin experts because you watched a few Andreas Antelopolous youtube videos. Bitcoin is simply a con (confidence scam). It's selling you on a tech hype conveniently in the midst of a technological boom. Don't you dare mention decentralization because Bitcoin is the exact opposite of this. 50-60% of all coins are owned by founders and early investors, less than 1000 people in total. These fraudsters have been manipulating pump and dumps for nearly 10 years defrauding the world of trillions. WAKE UP ALREADY! IT'S A SCAM!

  3. Brandon Adams

    Bitcoin is terrible and so is blockchain, both are scams, good grief we are heading to a collapse.

  4. izzzzzz6

    This in not a fraud, this is the new currency. It's only just beginning, some people had better watch out. I just 20 mins ago made my first ever investments and they were $200 in crypto. Not alot but it's a start. More people than ever have decided to invest this week and crypto is going viral right now. If enough people invest in it, that is simply where all of the money will be. It is a bit like a chain letter in that it is going viral and it has only just begun. 
      If it keeps going viral it could x10 all of a sudden but most likely it will simply keep climbing. The money has been put in and it is there, and more and more people are putting their money into it each day!

  5. Joko Nugroho

    let's see who's right

  6. Russell Wallace

    Another big fat greedy banker that suspects that his greedy fat bonus might be reduced by Bitcoin – come on guys don't let the greedy bankers win this one!

  7. iHODL BTC

    Blockchain without Bitcoin, Ponzi… that guy still have got nothing after 8 years. LMAO

  8. derty QWERTY

    Dis eh, guy, has eh, no, eh, clue… what he says. Yes? Yes. Davide does not understand what bitcoin is, clearly. He has done less than 30 minutes reading about bitcoin, for sure.

  9. derty QWERTY

    This guy, like most on Bloomberg lately.. clearly talk and say things which prove without a doubt they have no done any research on bitcoin. It's not a ponzi, he's clueless. It's also already hit by regulators so he's already clueless within the first 30 seconds (like the other guys in suits talking nonsense about bitcoin). Old clueless ducks, you just don't understand Japan already has it officially as a currency, new york state has licenses for bitcoin companies. That is regulation you re ject! You are clueless Davide Serra. When you go home to your overpriced house, go onto google and read up on bitcoin before you talk, chump

  10. Barb Bishop

    Blockchain Mark of the Beast

  11. Ricardo Hodls

    he just compared bitcoin to nuclear bomb, LOL. these bankers get more desperate and pathetic everyday.

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