..

Ayre Tells Market Watch: "For Sure Bitcoin is a Ponzi Scheme"

Written by:
Aaron Goldstein
Published on:
Jan/12/2022

Calvin Ayre says Bitcoin SV is powered by a revolutionary technology that has many useful applications, while the digital currency most people know as Bitcoin is useless and a fraud.

In a riveting sit down interview with Market Watch, the billionaire entreprenuer claims that the group of developers currently in charge of maintaining and updating the Bitcoin protocol violated the way it was set up in the first place.

“For sure it’s a Ponzi scheme because it can’t do anything,” says Ayre of Bitcoin trading.  

The Canadian, who now resides in the Caribbean island nation of Antigua, returned to the US for the first time this past fall following a minor brush with the law.

“I was no criminal,” says Ayre of his battle with the U.S. government related to his previous involvement with Bodog Sports, now known as Bovada. “I was caught up in an international trade dispute.”

After settling a misdemeanor charge with the US Government, Ayre stepped on US soil for the first time since 2012 in Miami before attending his mega conference in New York's Time Square.

Back were the days of celebrity fueled parties, though this time a bit more reserved than in the past.  Emily Ratajkowski, Adrian Grenier and marketing icon Donny Deutsch were all in attendance at the Times Square event.

adrian-greenier-011222.jpg

Today, Ayre runs Coin Geek and is an evangelist for Bitcoin SV, which he insists is the true and authentic Bitcoin because it is the only digital currency that follows the set of rules, or protocol, laid out by the white paper that launched Bitcoin in 2008.  Unlike BTC, Bitcoin SV has no limitations on scaling.

Ayre also issued an ominous warning related to BTC.

“I think all of what you call crypto will die, a lot of it will be deemed illegal, as regulators start to understand more — a lot of people are going to lose a lot of money.”

- Aaron Goldstein, Gambling911.com

Business/Financial News

Costa Rica Hydro Plant Gets New Lease on Life From Crypto Mining

Costa Rica Hydro Plant Gets New Lease on Life From Crypto Mining

A small river in the middle of coffee plantations, sugar cane fields and a forest provides energy to a hydroelectric power plant in Costa Rica that feeds hundreds of computers wired up to the cryptocurrency mining business.

Bloomberg: Bitcoin Death Cross Is Staring Down Bulls After a Painful Retreat

Bloomberg: Bitcoin Death Cross Is Staring Down Bulls After a Painful Retreat

Bloomberg warned of crypto being mired in a drawdown as the Fed readies a stimulus withdrawal and the IMF issued its latest warning on crypto risk to financial markets.

Pay Per Head Sportsbook Demo

Pay Per Head Sportsbook Demo

A pay per head sportsbook service allows people to become bookies and accept action on various sports.

BSV Blockchain Makes Lasting Impression at CES 2022: Who Knew Blockchains Could Scale

CES has always been a window into what the world of technology will look like down the line.  With this in mind, it shouldn't come as a big surprise that our friends representing the BSV Blockchain would make their way to Vegas this week to take full advantage of those seeking to incorporate blockchain technology into their own business platforms.

Kazakhstan Crackdown Hits Crypto Miners

Kazakhstan Crackdown Hits Crypto Miners

The price of Bitcoin has fallen more than 15% in the last month and that trend continued Thursday with the digital coin price coming in just under 43,000.

Syndicate