A Ponzi Scheme is a very particular type of scam. A Ponzi Scheme is where the sum of all investor's reported account values exceed the total value of assets hel

A Ponzi Scheme is a very particular type of scam. A Ponzi Scheme is where the sum of all investor's reported account values exceed the total value of assets held by the institution. It is totally valid to claim that Bitcoin is a scam, or that scammers are targeting Bitcoin, or scammers are using Bitcoin to scam people. You can say that the price is a pump-and-dump (but that's a factor of the price and promotion, not of Bitcoin), you can say that it is a low-liquidity market-manipulation scam (more a function of allowing leverage on exchanges). You can even call it a pyramid scheme, although, once again, you have to be careful because a pyramid scheme is a particular type of scam, which, on closer inspection, this is obviously not. Please stop saying Ponzi. You're besmirching the good name of a perfectly cromulent scam.