![Nayib Bukele Defends Bitcoin and Calls FTX a “Ponzi Scheme.” Nayib Bukele Defends Bitcoin and Calls FTX a “Ponzi Scheme.”](https://s32659.pcdn.co/wp-content/uploads/2022/08/BIC_Nayib_Bukele_btc.jpeg.optimal.jpeg.optimal.jpeg)
El Salvador president Nayib Bukele compares the FTX exchange to a Ponzi scheme and hails Bitcoin’s scarcity and deflationary properties. Bukele lumped the Bernie Madoff case, Enron, WorldCom, and Sam Bankman-Fried’s collapsed FTX exchange in the Ponzi…