crypto is no stranger to shitcoins and to true ponzis, the illegal kind. Unfortunately, shitcoins and ponzis require hype to survive and will generate voluminou

crypto is no stranger to shitcoins and to true ponzis, the illegal kind. Unfortunately, shitcoins and ponzis require hype to survive and will generate voluminous amounts of it. This generates a selection effect where most crypto hype will be of the unsavory kind. This can give the impression that all of crypto is a scam, that impression is wildly incorrect. I believe this is the trap that lern_to_spel and many others on HN are falling prey to.