The O.C. Guy Says Bitcoin Is Still a Ponzi Scheme

Image for article The O.C. Guy Says Bitcoin Is Still a Ponzi Scheme
News Source : New York Magazine

News Summary

  • Ben McKenzie has led a second life documenting the rise, fall, and rise, and then fall again, of crypto.
  • His documentary, out today in theaters in New York City, is set in 2022, when bitcoin crashed.
  • McKenzie: crypto was down and out after Sam Bankman-Fried and all those guys got arrested.
  • After President Trump was elected in 2024, he made billions off a few crypto offerings, the price of bitcoin soared, and the big companies gained a piece of friendly regulation on stablecoins.
Ben McKenzie calls from his office making the videointerview rounds for his new documentary Everyone Is Lying to You for Moneyabout the crypto industry wearing an artifact a riskmanagement departm [+9204 chars]

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