Matthew Lesko, the American author who made himself a name in the 90s writes books on how to get "free money" from the US government, claimed that cryptocurrency is a scam and that Bitcoin is a "bet", speaking to CNET in an interview on February 20th.
Lesko, who runs his own website, YouTube channel and various podcasts, all dedicated to obtaining federal grants from the US government, says that "a lot of people are interested" in Blockchain and cryptocurrencies. Lesko recommended these people of "stay away" from digital currencies unless they "have money to lose".
"You are playing with sharks right now." It's the beginning of something, [and] nobody knows where it's going. "
Lesko argues that cryptocurrencies are actually a [traduction]" scam " since they are not supported by anything and are not not regulated, contrary to the US dollar.It believes that "if there is no regulation, you are screwed."
New York's Consumer Protection Bureau criticized the advertisements and books of Lesko on "free money" he promised.According to Lesko himself, Blockchain experts are now applying the same "exaggerations" that he used in his nineties "infomercials" "free-money"