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> That is around when Bitcoin dropped its currency aspirations and went whole hog into being a vehicle for speculation. Was that when we started to see all the
by ardy42 6y ago
> That is around when Bitcoin dropped its currency aspirations and went whole hog into being a vehicle for speculation.
Was that when we started to see all the scammy pump and dump schemes around random new cryptocurrencies as well?
- qualityonly 6y agoI think many of us have tried our best to teach people about "shitcoins", but the greed and fantasy of riches has caused lots of people to buy Bitcoin copypastes. The most recent round of dissapointment comes from blockchains being too expensive to use as write only databases, yet people using it for trivial means like crypto kitties. I predict the next issue will again be unrelated to Bitcoin, but rather non POW coins getting hacked.