No, not really...
A Ponzi scheme is... invest $1000 in my firm and I'll pay out a 30% return annually... those who request their funds back are paid with interest by newer investors. If everyone wants their money back, it's front page news on the WSJ.
Bitcoin is a traded commodity, like corn or platinum. Or tulips?
It went from a penny to $100,000 because it's a "perceived" token of value.
So... a Ponzi scheme? No. But an investment in the strictest sense? Hell no.
Think of Bitcoin like Pokemon cards... or Beanie Babies.
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