Bitcoin Ponzi not Bitcoin's fault | Twenty Third Floor
This recently collapsed ponzi scheme was based on Bitcoins. It could have happened with US Dollars of Danish Krone or South African Rand, so it's not really the fault of Bitcoins (to personify a digital currency momentarily) …
See the original article here:
http://twentythirdfloor.co.za/2012/08/29/bitcoin-ponzi-not-bitcoins-fault/

