The legitimacy of cryptos continues to be debated and if there are supporters, there are all the more critics. While the big players in the sector defend them tooth and nail, others like Ben Mckenzie do not hide their skepticism. Known as a staunch critic of digital assets, the actor once again gives his opinion on the ecosystem.
Cryptos are the biggest scam in history according to Ben McKenzie
Digital assets are talked about a lot and over time they are gaining notoriety across the world. However, even though more and more people are joining the sector, the doubt remains. Moreover, the FTX deal does not make things better for investors. In the midst of troubled times, detractors are taking the opportunity to push cryptocurrency down.
This is the case of Ben McKenzie, actor and assiduous critic of crypto assets. The latter made a statement Wednesday which once again shows its aversion to digital currencies. Testifying before the US Senate Banking Committee, McKenzie likened cryptos to the Bernie Madoff fraud. According to him, they represent the biggest Ponzi scheme the world has ever seen.
This declaration joins a growing climate of uncertainty. Between the monumental fall in token prices and that of exchanges, investors are gradually losing faith. For crypto-skeptics, the very functioning of cryptocurrency sufficiently shows its limits. Thus, for McKenzie, a space that only functions thanks to the funds provided by new customers cannot achieve anything concrete.
Although many people disagree with this opinion, it should be noted that the volatility of crypto assets is causing panic. While bitcoin (BTC) was trading above $60,000 in November 2021, it is now struggling to reach $18,000.
Nevertheless, even if the cryptos do not have unanimous support, they continue to trade and attract new customers. Between individuals and institutions, the sector is gaining new customers despite everything. Although Ben McKenzie does not hold these assets close to his heart, he nevertheless recognizes that cryptocurrencies highlight the many flaws in the banking system.
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