It IS bitcoin's fault if the protocol attracts an endless stream of scams and fraudulent service operators. I do agree with you that anyone who would put their money into bitcoin at this point is a fool, since history has shown us that essentially every bitcoin exchange or service will fold after a few years (at best).
I see you've stumbled over from Kitco, finished bashing gold bugs, on to bitcoin? The same routine, buy real assets, cash..etc. Not much happening on kitco since 2011, bitcoin's more fun?