No, it's not, read Jorge Stolfi on this. While he insists the scam should be called a Ponzi, I am not sure of that , but the name doesn't change anything at all

No, it's not, read Jorge Stolfi on this. While he insists the scam should be called a Ponzi, I am not sure of that , but the name doesn't change anything at all, we could call it a Nakamoto scheme as Preston Byrne did to avoid that particular debate.