10 ms·
Scamming is endemic in the crypto world, but it’s not inherently a scam. I don’t think it solves any real problems either though. Gambling seems like the best
by manbart 2y ago
Scamming is endemic in the crypto world, but it’s not inherently a scam. I don’t think it solves any real problems either though.
Gambling seems like the best comparison to me.
- sejje 2y agoI think it's most akin to gambling / "investing" in gold. Gold barely solves any real problems, but it has a pretty active market. People readily buy it. The price fluctuates quite a bit (nothing compared to crypto though). The utility of gold vs BTC is kinda moot--they're both good at a few things. They're a lot like gambling for the way most people get involved. Some shitcoins seem like scams, but it's not inherent in the tech, and I don't feel like BTC is a scam for any reason. Sure, it's not a tangible asset, but you know that going in.