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Some horrid, scurrilous, misguided people have had the nerve to suggest that the cyber-criminal's currency of choice might be a new take on the good old Ponzi scheme (the one where a con-man gives Investor #2 some of Investor #1's money as a convincer and keeps going down the blockchain line doing that until the scheme is established as a sure-fire winner).
They couldn't possibly be right, could they? Nah! It's all about as kosher as it gets. <Wondering-what-that-very-loud-popping-noise-in-the background-is-emoji>
A basic Ponzi scheme is not really all that elaborate, it simply involves paying off early investors with the funds invested by newer investors - that is to say the first tranche get paid from the investments of the second and they in turn get paid by the third and so forth until there comes an inevitable point where there is no subsequent tranche of investors to pay the previous one and the final investors lose their entire stack.
A scheme implies a fraudulent design. Of course the monstrous rise in in Bitcoin valuation is crazy, but it could hardly have been foreseen form the outset even from its early owners, and most early owners got rid of them without any profit. IMHO Bitcoin is much more like the infamous Dutch Tulip Craze than a Ponzi scheme. Tulip mania - Wikipedia
[EDIT:] by "complicated design" above I meant the designs to hide the fact that it is a pyramid. Like Bernie Eckhoff et cohortes.
Prolly somthing like that, yes. Question is how many magnitudes are left before the bubble goes? Several magnitues ago everyone thought the last magnitude had been reached. And what does "bubble goes" even mean in this case? 50% 90% 99% down?