• Lost_My_Mind@lemmy.world
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    8 hours ago

    Sounds to me like you understand crypto just fine. You can see that there’s no value, and therefore a scam. You’ve got this!

    • 🌞 Alexander Daychilde 🌞@lemmy.world
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      3 hours ago

      I’m surprised (but pleased) that this comment has no downvotes.

      If anyone ever sets up crypto for something it’s actually good for, I’ll support it. But until such time…

    • JustPlainDave@lemmy.zip
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      8 hours ago

      It’s always felt like a scam to me, but I can’t even count the amount of people who have scoffed or laughed at me for saying so.

      • Zwiebel@feddit.org
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        6 hours ago

        There are two pitches to crypto: it’s an investment and it’s gonna be the new default currency.

        1. Is plain wrong, it’s a gamble. The trading value of crypto is erratic and unpredictable. Anyone trying to claim otherwise is a scammer.

        2. Cool, I’ll wait until then.

      • Lost_My_Mind@lemmy.world
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        8 hours ago

        It is for this reason, I always say “I’m surrounded by morons. Morons everywhere. Far as the eye can see…”

        Talking about those who laugh at you for saying it’s a scam. Check back with them in 5 years, and ask them how much money they’ve profited from crypto. Just don’t be surprised when they become hypocrites, and tell you to shut up about those scams.