BlockBeats News, May 11th - Economist and cryptocurrency critic Peter Schiff posted on social media, stating that Michael Saylor evaded his view that STRC is a Ponzi scheme.

Peter Schiff said, "Saylor just said, 'Peter thinks Bitcoin is a Ponzi scheme, he doesn't like anything in this field.' But I have always described Bitcoin as a new type of decentralized Ponzi structure, unlike STRC, which is a classic centralized Ponzi scheme operated by MSTR."