China’s BSN chair calls Bitcoin Ponzi, stablecoins ‘fine if regulated’ Post author:MiamiCrypto Post published:June 27, 2022 Post category:China / Cryptocurrencies / Mining / Ponzi-scheme / Stablecoin / Terra Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a “Ponzi scheme” in any case, China’s BSN chair told Cointelegraph. You Might Also Like Hashrate Kings – Inside the Hydro-Cooled ASICs Dominating Bitcoin Mining in 2025 March 31, 2025 Bitcoin’s Hashrate Blasts to 970 EH/s as Mining Power Hits Insane New Record August 7, 2025 Study: Insider trading occurs in 10% to 25% of cryptocurrency listings August 17, 2022