You are exactly correct - the combination of deep belief in the ability to obtain quick riches by investing in the "next big thing" aligned with a large gap of

You are exactly correct - the combination of deep belief in the ability to obtain quick riches by investing in the "next big thing" aligned with a large gap of knowledge between reality and hype, all mixed into a milieu of in-group speak and customs always leads to the proliferation of the con. It's the next "Long Blockchain Corp!"