2012-09-27 Bitcoin 'Pirate' Scandal: SEC Steps In

[n8rwJeTt8TrrLKPa55eU]

UK Telegraph

http://blogs.telegraph.co.uk/technology/willardfoxton2/100007836/bitcoin-pirate-scandal-sec-steps-in-amid-allegations-that-the-whole-thing-was-a-ponzi-scheme/

[FreeMoney]

Major claims are completely unsupported. SEC? How do you know? 500000BTC? How do you know?

Who is this guy, it looks like he just reads the spec subforum (seems like a poster really).

[Akka]

Great, just read all the Twitter messages on this article:

• http://twitter.com/brokenbottleboy/status/251305361808703489 --> Excellent piece from @willardfoxton on suspicions that Bitcoin was a Ponzi scheme all along http://t.co/IhGjI5zg
• http://twitter.com/alice_emily/status/251307696958091265 --> The latest on the whole "Is BitCoin a Ponzi scheme" saga http://t.co/Q3459PGj
• http://twitter.com/S2R_Solutions/status/251311050450956288 --> SEC investigating whether the whole Bitcoin thing was a Ponzi scheme. http://t.co/qk6nPT5O

Are people really that stupid? Most of them seem to not understand the difference between a currency and a ponzi in a currency.

Day by day I loose a little bit more of my faith in humanity.

[proudhon]

Maybe I should create a ponzi scheme using apples so I can prove that apples are a ponzi scheme...hmmm

[justusranvier]

Are people really that stupid? Most of them seem to not understand the difference between a currency and a ponzi in a currency.

You can't trust anything you read on the Internet as being the genuine opinion of a real person. There are entire industries designed around the business of creating fake buzz via astroturfing various social networks.