Mavro vs Bitcoin

To produce bitcoins, processors must hum away solving mathematical problems. But mavros, another virtual currency, are simpler. They exist because Sergey Mavrodi, their creator, says they do. And while the recent spike in bitcoin value is the result of speculation on the open market, the rate for mavros is “established personally by Mr. Sergey Mavrodi…. twice a week, on Tuesdays and Thursdays.” Their value doubles every month, in fact.
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Is bitcoin a Ponzi scheme ?

The first thing I thought of when I read about the Bitcoin Ponzi scheme was “Super Mario Bros”.  I had heard of Bitcoin before but had always assumed that, like a coin in the classic Nintendo game, it was relatively worthless in the real world. I was wrong. At the current exchange rate, the man responsible for the Ponzi scheme made off with the equivalent of $5.6 million.