In a May 30 NEWS 24/7 interview, Yanis Varoufakis said he donated his 2,000 Bitcoin holdings and described Bitcoin as an “oligarchic currency,” adding ideological criticism to his earlier account.
Former Greek finance minister Yanis Varoufakis said in a May 30 interview with NEWS 24/7 that he once held 2,000 Bitcoin and later donated the entire amount. He said he regrets the subsequent rise in Bitcoin’s price, but reiterated that his decision was driven by ideology rather than trading strategy. Varoufakis also called Bitcoin an “oligarchic currency,” expanding on his criticism of the asset beyond his earlier statement that he disagreed with the ideology he believes it represents.