I don't disagree. It's just unfair to characterize it as a "scam", since there is no central bank in terms of BitCoins that's getting rich by issuing them. It's an impassive and impartial mathematical algorithm and protocol that does not even reside in one central place that can be controlled. I suppose someone could try to "corner" the BitCoin market by turning an incredibly powerful supercomputer on the mining hashes (rather unlikely), but that would be self-defeating, because by hoarding all the future BitCoins early, they're worthless, unless they're "spent" on something in terms of real world goods or services. So then in a way, someone willing to try and corner the remainder of the BitCoin algorithim string, they're actually adding value to BitCoins by doing it, and to gain anything from them, the BitCoins have to get back out into a market of some kind and achieve liquidity to be "worth" anything anyway.
So in a way, the acts that could be committed to control BitCoins unfairly, almost serve to better establish it.
I guess the worst that could happen is someone corner BitCoins in this way, and if it does not kill BitCoin, and the remaining BitCoin in circulation goes up in value, gets popular, then someone floods the market with their stash, crashing the value, making people's "savings" worthless.
However, those are all risks that exist in any commodity currency, or fiat currency. Yeah, BitCoin could wipe you out. Odds are, it probably will. However, those same risks exist for the U.S. Dollar, seeing as how the Fed's been printing them lately.
Although I suppose as an official endorsement of BitCoin, I should divulge that my current investment in Bitcoins is exactly USD $.25, and there it'll stay.
And that BTC was given to me for free by some site giving away .05 BTC to show how transfers work and to evangelize the new currency.
However,
it's really interesting, and I give kudos to those taking a chance on it to use it for small transactions.
Anyone looking to "get rich" with BitCoin, yeah, they're fools, go buy a lottery ticket. The odds might be better.