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ABOUT BITCOIN POLICY INSTITUTE: Bitcoin Policy Institute (BPI) is a non-partisan, non-profit think tank researching the impacts of. Research and advocacy to better our understanding of Bitcoin and monetary networks. A Ponzi scheme is not synonymous with clever stamp trading but rather using the money from new investors to repay maturing obligations.

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We recommend that the public and private sectors continue to collaborate on how to further responsible innovation in the United States, including through continued research and open dialogue. The creator of Bitcoin, known only by the pseudonym "Satoshi Nakamoto," first proposed this revolutionary digital currency in a whitepaper titled " Bitcoin: A Peer-to-Peer Electronic Cash System. CEO, Strike. S dollar for the first time.