Payment system news

Ryanair CEO Michael O’Leary: Bitcoin is like a Ponzi scheme

Ryanair CEO Michael O’Leary has been critical of cryptocurrencies. So, he noted that he would never become a holder of such assets, since he is sure that they are a semblance of a Ponzi scheme.

The negative rhetoric against cryptocurrencies from Michael O’Leary intensified after the Bitcoin Lifestyle fraudulent project published his image and interview without proper approval. It was assumed that the presence of advertising from the head of Ryanair, where he actively promotes high earnings with the help of cryptocurrencies, will encourage traders to join the project.

“I have not invested a single cent in bitcoin and am not going to do so, because I consider the asset to be similar to the Ponzi scheme,” emphasized Michael O’Leary.

It should be noted that scammers often mention well-known personalities in the industry to advertise their crypto-resources. Recently, images of Elon Musk and Brad Garlinghouse were seen in such projects, whic

Рустам Алиев

Recent Posts

USDC Dominates AI Agent Payments As Circulating Supply Stays Above MiCA’s €5B Threshold For 12 Months

The stablecoin market is quietly evolving, as a new report indicates that Circle’s USDC leads…

1 day ago

Cardano Eyes Insanely Bullish Cup-And-Handle Breakout As Hoskinson Teases New Programming Language For ADA

Cardano (ADA) could be gearing up for an explosive comeback as a potentially bullish cup-and-handle…

1 day ago

New whales now account for 1/3 of Bitcoin’s whale realized cap as on-chain indicators point BTC’s target at $89,000

New Bitcoin whales now control one-third (33%) of the BTC realized market capitalization held by…

1 day ago

Bloomberg Strategist Calls Bitcoin a “Stock-Market Puppet,” Maintains $10,000 Target

Bloomberg commodity strategist Mike McGlone reiterated his prediction that Bitcoin (BTC) could fall to $10,000, calling the…

2 days ago

France Emerges as Crypto Crime Hotspot, With an Attack Nearly Every Two Days

France has emerged as a major hotspot for violent crypto-related crime, with authorities recording 90…

3 days ago

Stellar Eyes 200% Rally as XLM Closes In on $1 Billion Stablecoin Milestone

Stellar (XLM) may be gearing up for a major rally, as its post-breakout price structure…

3 days ago