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    "decentralised ponzi" — David M. Webb, 2017. Bitcoin prediction poster (BTC $16,446 at the time).
    “decentralised ponzi” — David M. Webb, 2017. Poster by Buttcoiners.

    “Bitcoin: the World's first decentralised Ponzi scheme”

    $16,446·
    David M. Webb

    David M. Webb

    Investor

    Bitcoin since the quote

    Then

    $16,446

    Now

    —

    Change

    —

    The context

    On , David M. Webb (Investor) made this statement while Bitcoin traded at $16,446.

    bubble
    speculation
    scam
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    "decentralised ponzi" — David M. Webb, 2017. Bitcoin prediction poster (BTC $16,446 at the time).
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    David M. Webb (2017). "decentralised ponzi" — David M. Webb on Bitcoin. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/quote/decentralised-ponzi-david-m-webb-bitcoin

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