(disclaimer: this is coming from a guy who is very embarrassed to have put any money into cryptocurrency and I do think it's stupid now). I mean, if you were b

(disclaimer: this is coming from a guy who is very embarrassed to have put any money into cryptocurrency and I do think it's stupid now). I mean, if you were buying crypto shitcoins expecting to make a quick buck, then obviously yeah that's pretty scammy and not comparable to a pension. However, the way companies like Gemini/Coinbase/FTX/Kraken operate, they treat certain coins like they're a long term investment, like digital gold. I bought into GUSD with Gemini Earn because I believed the bullshit that it was FDIC-insured and was paying ridiculously high interest in the process, and that the funds were backed up one-to-one with regular US dollars. Was I stupid for believing that? Yeah, sure, I don't dispute that, but I think that's a little different than a claim of "MAKE A MILLION DOLLARS RIGHT AWAY WITH DOGECOIN AND BOREDAPES!!!1!!". The brilliance of the GUSD Gemini Earn scam was that it was good interest, but not necessarily "too good to be true" interest. I think it's a less-obvious scam, at least, and the way it was marketed was acting like it was competing with savings accounts. I don't have a pension, but there are plenty of investment-retirement things in the US, and it's not like it's impossible to have scams on the regular stock market. Hell, the ETF that I buy most often is VTI, which invests in every publicly traded company, including but not limited scammy penny stocks, or even non-penny-stock scams like Nikola.