Bitcoin itself is free from any fraud, but there are many bad people out there who make bitcoins as victims to create victims. For people who have sufficient insight, of course bitcoin is not something bad, but for people who don't even understand what bitcoin is & how it works, they will view bitcoin as a scheme the same as Ponzi.

I'm proud of the OP, he remained firm in his stance even though he didn't get support & had to wait 2 years just to invest in bitcoin.