Crypto is a scam. It’s yet another example of a pyramid scheme usually that seldom pays off.
I’ll start taking crypto seriously when you stupid shills stop trying to get rich off of that shit and actually fucking achieve something useful with Crypto that isn’t enriching yourselves or others in the hopes that you too will be enriched.
I know that here are 2 sides and this is totally emotional.
But could you actually take the pyramid scheme definition and try to explain why it matches that definition? I think, it doesn’t.
“A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products.”
You’re giving real money to unregulated corporations run by tech-bros in exchange for a string of numbers that you don’t understand and the promise that you’ll get money back one day.
well that’s the thing regulation is already coming, xrp for example is the first regulated crypto out there. Bitcoin and ether have trillions of dollars of investments from some of the biggest investment firms in the world and Banks all over the world are adopting it as a store of value so you go ahead and tell me that it’s still a scam any more so than any other currency and I’ll go ahead and keep investing in crypto.
everything that you said so far just tells me that you don’t understand it. Now I’m not saying that a lot of the crypto out there and actually the vast majority of crypto out there is garbage, that’s entirely true, however Bitcoin, Ether, Solana, XRP, Cardano… and several of the most popular and legitimate companies and technologies out there are exactly that, legitimate.
giant corporations Banks and financial institutions don’t put billions of dollars into investments of crypto without validating the asset
Don’t make me pull up all the nonsense around Solana for you man. If you are still invested in Cardano and Solana then even by crypto bro standards you are being foolish. You’re just hyping them up because you probably are holding the bag currently.
Why does every criticism of crypto always hinge on attacking the character of the industry is some ad hominem way. Oh the tech is no good because it’s “tech bros” running these companies.
people that think that cryptosis scam don’t know anything about crypto
Crypto is a scam. It’s yet another example of a pyramid scheme usually that seldom pays off.
I’ll start taking crypto seriously when you stupid shills stop trying to get rich off of that shit and actually fucking achieve something useful with Crypto that isn’t enriching yourselves or others in the hopes that you too will be enriched.
have fun bathing in your ignorance
15 years of this experiment and what do we have to show for it except countless bag holders and scam victims?
perhaps you should catch up on the news
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Like the world wasnt full of scams already. Suckers will get scammed with anything.
“Scams exist” is hardly a compelling reason for us to use crypto when none of the crypto evangelists can seem to present a single problem it solves.
Trump University was a scam too. Should we have just let it continue to exist because scams exist? This is some flimsy logic man.
there’s a lot of uses for crypto actually this again is just bullshit
asdfasfsafd
I know that here are 2 sides and this is totally emotional.
But could you actually take the pyramid scheme definition and try to explain why it matches that definition? I think, it doesn’t.
“A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products.”
You’re giving real money to unregulated corporations run by tech-bros in exchange for a string of numbers that you don’t understand and the promise that you’ll get money back one day.
Yeah, that’s a scam.
well that’s the thing regulation is already coming, xrp for example is the first regulated crypto out there. Bitcoin and ether have trillions of dollars of investments from some of the biggest investment firms in the world and Banks all over the world are adopting it as a store of value so you go ahead and tell me that it’s still a scam any more so than any other currency and I’ll go ahead and keep investing in crypto.
It’s as legitimate as any country’s currency, as long as that country is being run out of some random basement closet in Silicon Valley.
everything that you said so far just tells me that you don’t understand it. Now I’m not saying that a lot of the crypto out there and actually the vast majority of crypto out there is garbage, that’s entirely true, however Bitcoin, Ether, Solana, XRP, Cardano… and several of the most popular and legitimate companies and technologies out there are exactly that, legitimate.
giant corporations Banks and financial institutions don’t put billions of dollars into investments of crypto without validating the asset
And everything you said so far just tells me that you’re invested in your sunk cost fallacy.
in the past 4 years I’ve made $7,000 casually trading crypto and everything is just fine so whatever man
Don’t make me pull up all the nonsense around Solana for you man. If you are still invested in Cardano and Solana then even by crypto bro standards you are being foolish. You’re just hyping them up because you probably are holding the bag currently.
there’s nothing you’re going to show me that I haven’t already seen
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Also… In September 2021, El Salvador adopted Bitcoin as its second legally-recognized national currency alongside the U.S. dollar.
Dude stop investing in crypto. It’s not an investment. You’re gambling.
Most investments are gambling
Are we just going to pretend that different levels of risk don’t exist? Jesus Christ dude.
I’ll keep making money in crypto thanks
Best of luck
I’m sorry who is investing trillions of dollars?
Why does every criticism of crypto always hinge on attacking the character of the industry is some ad hominem way. Oh the tech is no good because it’s “tech bros” running these companies.
Because unregulated, greedy, manipulative, underhanded scammers doesn’t have the same ring to it.
bitcoin CEO satoshi nakomoto has entered the chat