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Bundesbank warns about Bitcoin - Bitcoin is a pyramid scheme Bundesbank President Jochaim Nagel has now warned about Bitcoin, which in his opinion is neither a currency nor a sensible investment. All of this is reminiscent of a massive pyramid scheme - the biggest bubble in human history. The ECB clearly states that Bitcoin will fall to zero value Sources: https://news25.de/news.php?id=277383&... https://www.handelszeitung.ch/geld/ez...