> Meanwhile some open source developers are trying to decentralize finance and because they're not scammers, they have no marketing budget and nobody knows abou

> Meanwhile some open source developers are trying to decentralize finance and because they're not scammers, they have no marketing budget and nobody knows about what they're trying to do. I don't know how to separate open source blockchain technology from scams. The point of blockchains AFAICT is obscene profit if your "coin" becomes popular. Remove that and you remove most of the development on blockchain. Most developers seem to be in it for the money because well, why else would you be a developing blockchain? I've heard that the following are blockchain scams: * selling "magical" numbers which have no inherent value for state backed money. * selling coins when the developer controls the majority of them. * Elon Musk pumping Dogecoin on twitter without anyone knowing his true stake. * Tether not being backed 1:1. * Bitfinex using those Tethers to prop up the price of BTC when BTC price falls. Some of these to be clearly scams more than others, but the first one is why China banned Bitcoin mining in their country.