Bitcoin vs Social Security: Former Maryland Governor's Statement on Financial Pyramid Sparks Anger.
Former Maryland Governor Martin O'Malley recently compared bitcoin to a Ponzi scheme while defending the U.S. Social Security Administration. This comparison drew criticism from bitcoin supporters, who argued that it is Social Security that resembles a Ponzi scheme.
O'Malley: Trump Administration After $2.6 Trillion Social Security Surplus
In his recent speech defending the U.S. Social Security Administration (SSA), former Maryland Governor Martin O'Malley compared bitcoin (BTC) to a Ponzi scheme, provoking an angry response from bitcoin supporters. Defending the SSA, which he claimed has not missed a payment in its history, O'Malley suggested that the Trump administration, and specifically billionaire Elon Musk, aims for its surplus of $2.6 trillion.
