> The scheme leads victims to believe that profits are coming from legitimate business activity (e.g., product sales or successful investments), and they remain

> The scheme leads victims to believe that profits are coming from legitimate business activity (e.g., product sales or successful investments), and they remain unaware that other investors are the source of funds. I think that's the key part that contradicts Bitcoin. Nobody believes that Bitcoin is a business that generates profits, and everyone is aware that when they cash out, other investors are the source of funds. There's no illusion of a business, and no assets that are promised to exist but don't.