Former SSA Chief O’Malley: Social Security Isn’t a Ponzi, But Bitcoin Might Be

In response to criticisms labeling Social Security as a Ponzi scheme, Martin O’Malley, former Social Security Administration (SSA) commissioner, firmly defended the program’s integrity. He emphasized that Social Security has been a stable and reliable system for nearly nine decades, operating on a pay-as-you-go basis where current workers fund the benefits of retirees. O’Malley noted […] The post Former SSA Chief O’Malley: Social Security Isn’t a Ponzi, But Bitcoin Might Be appeared first on Coin Edition.