This section makes my head spin like I'm smoking acid. If I were to tell any Joe Blow on the street that there's this digital currency and many of its users are FANS of Ponzi schemes, I'm not sure they'd believe how stupid people can be. And yet here we are. And to cap it off, those who should have known better start scam accusations against the Ponzi operator (!).
Uhm, Bitcoin is, in and of itself, a Ponzi.
1) There's nothing backing it
2) It has value because people buy into it
3) As people quit buying in, its value goes down/dies
Bitcoin itself has no value. It's worthless. It has value because people keep buying in and raising the price, .