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

quote:

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This cartoon nails it:

Bitcoiners think that Mt Gox employs a middle-aged black man with a faint resemblance to Obama to sit at a desk and look at a multitude of papers having random over-sized words on them, WHEN IN FACT, Mt Gox actually charges said Obama-resembling man with the task of standing on his chair and controlling two large levers, labelled "B Price" and "Lag," protruding from his desk, so that they are positioned on a continuum from "low" to "high" and from "good" to "bad," respectively.


Is this about right, Wiki?