No. The important distinction is that in a Ponzi scheme, the central administrator lies about the underlying product. Like all scams, it's based on maximizing i

No. The important distinction is that in a Ponzi scheme, the central administrator lies about the underlying product. Like all scams, it's based on maximizing information asymmetry between the seller and buyers. Cryptocurrencies are open-source and 100% verifiable, and thus no one is lying about them. Because of this, it's on the buyer if they don't understand what they are buying.