"a Ponzi scheme" — Bert Ely, 2017. Bitcoin prediction poster (BTC $14,691 at the time).
    “a Ponzi scheme” — Bert Ely, 2017. Poster by Buttcoiners.

    “Bitcoin is a Ponzi scheme, and it will collapse like one”

    $14,691·
    Bert Ely

    Bert Ely

    Financial Consultant

    Bitcoin since the quote

    Then

    $14,691

    Now

    —

    Change

    —

    The context

    On , Bert Ely (Financial Consultant) made this statement while Bitcoin traded at $14,691.

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    "a Ponzi scheme" — Bert Ely, 2017. Bitcoin prediction poster (BTC $14,691 at the time).
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    Bert Ely (2017). "a Ponzi scheme" — Bert Ely on Bitcoin. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/quote/a-ponzi-scheme-bert-ely-bitcoin

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