Bitcoin a Fraud?

fraud [ frɔːd ]
noun
wrongful or criminal deception intended to result in financial or personal gain.

"he was convicted of fraud"

synonyms: fraudulence, sharp practice, cheating, swindling, trickery, artifice, deceit, deception, double-dealing, duplicity, treachery, chicanery, skulduggery, imposture, embezzlement;

...and... fractional reserve banking, quantitative easing, LIBOR manipulation, commodities price fixing, collateralised debt obligations, repackaged mortgage securities, bail-outs, bail-ins, troubled asset relief programs, high frequency bot trading, and the list goes on.