Pantera CEO Calls Bond Investment a Ponzi Scheme, Urges Investors to Buy Bitcoin Instead

Dan Morehead, the CEO of Pantera Capital, has blasted the U.S. government for creating bubbles in the bond market, adding that investors should buy bitcoin instead of the traditional financial instrument. Speaking at a conference, as reported by Bloomberg, Morehead warned bond investors that they may lose all their money and get destroyed financially when the Federal Reserve stops manipulating the market.