This is true only if you make up a new definition of "ponzi scheme." I disputed this same point last week: http://news.ycombinator.com/item?id=2617760 http://

This is true only if you make up a new definition of "ponzi scheme." I disputed this same point last week: http://news.ycombinator.com/item?id=2617760 http://news.ycombinator.com/item?id=2617760