re: Bitcoin is a Ponzi scheme—the Internet’s favorite currency will collapse.

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Elaborate Ponzi schemes don't leave written notes around saying "this is a Ponzi scheme."

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agree

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Bernie Madoff's Ponzi scheme investment fund only became confirmed that it was a Ponzi scheme when Madoff himself confessed to it, although there had been several entities which suspected he was running a Ponzi scheme which they couldn't prove as a "fact."

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agree

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It appears the only thing that will qualify as a "fact" for you to be convinced that bitcoin is a Ponzi scheme will be for the inventors of it to issue a press release confessing to it, just like Madoff did.

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disagree

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I am saying bitcoin is a Ponzi scheme because it has all the characteristics of a Ponzi scheme, albeit a very sophisticated, high tech one that preys upon the paranoia of the marginal underclass of humanity. Like wiki, for example.....

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please tell me, what are those characteristics? WHO is defrauding everyone by collecting investment money and then paying out new investors with that money?

Bitcoin is more akin to facebook IPO than Madoff. Delusion =/= ponzi