Sorry but the statement "Not 'crypto' which is by and large a scam" is a common statement from Bitcoin maximalists who refuse to engage with the rest of the crypto currency system. "Crypto" is a broad umbrella and Bitcoin exists underneath it.
I do believe 99% of crypto projects vastly misrepresent their risks, their control/influence structures, and their intent. I do believe 99% of crypto projects are clever ways to hop on a hype train to farm dollars from retail. I do believe Bitcoin is different. Bitcoin is a cryptocurrency -- 'crypto' is colloquial term to specify an industry.
Comments
Sorry but the statement "Not 'crypto' which is by and large a scam" is a common statement from Bitcoin maximalists who refuse to engage with the rest of the crypto currency system. "Crypto" is a broad umbrella and Bitcoin exists underneath it.
I do believe 99% of crypto projects vastly misrepresent their risks, their control/influence structures, and their intent. I do believe 99% of crypto projects are clever ways to hop on a hype train to farm dollars from retail. I do believe Bitcoin is different. Bitcoin is a cryptocurrency -- 'crypto' is colloquial term to specify an industry.