Boris Johnson’s Ponzi Scheme Claim Sparks Fresh Bitcoin Clash on 15 March 2026

On 15 March 2026, former UK Prime Minister Boris Johnson reignited controversy around Bitcoin by calling it a "Ponzi scheme" in a Daily Mail opinion piece and on social media. He cited a friend's loss of £20,000 in an alleged Bitcoin-related scam and argued that Pokémon cards have more tangible value than the cryptocurrency. Bitcoin advocates and industry leaders countered that the case described was fraud rather than a flaw in Bitcoin itself, pointing to its fixed 21 million supply, decentralized structure, and current trading level around $71,700 as evidence against the Ponzi label.