RE: Is Crypto A Scam?

5 mo
1 Min Read
118 words

Yes crypto is a scam, it's unnecessary complexity used to enrich founders who create tokens and nothing more than that, what innovation has crypto brought that we cannot do without? Stablecoins? Putting fiat on a blockchain wow, lol it's a joke

None of this stuff works, none of it is decentralised, none of it makes a lick of difference to the product. Look at this site, if you stripped out the chain, and the token no one would know the difference.

In fact the site would work better since it wouldn't be all about cash grabbing tokens and the content wouldn't be all this token that token, but actual content about things of substance

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My only argument while everyone is focusing only on making profits, there are a few projects who are actually building stuff for their community. I agree that performance and scalability issues are there and it might take another decade for us to make something of quality at par with the current Web2 platforms. It's gonna take time but that doesn't mean whole of crypto is a scam. Also, we don't want extreme decentralization in everything. Only wherever necessary and gradually we will reach at a level where one entity won't be able to control within a given network.

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