Extremely gullible and overly idealistic (perhaps they watched too much Star Trek?), else they wouldn't think that government could totally disappear within 1 generation.

The Dash marketing is quite impressive:

https://bitcointalk.org/index.php?topic=1804521.msg17983070#msg17983070
https://bitcointalk.org/index.php?topic=1796575.msg17975908#msg17975908

As for some of the shitcoins mentioned in this thread, clearly the speculators will buy any idealistic bullshit. The more idealistic nonsense it is, the more likely they will buy it. For example WeTrust is more idealistic bullshit without any realistic adoption case.

As for both WeTrust and especially HumanIQ, there are all these new ICOs coming out for smart contracts running on Ethereum which want to target milllions and billions of users adoption. But Ethereum can't scale!


Also putting large financial value into smart contracts has proven to be very insecure with the DAO attack. The more we proliferate these smart contracts, the more the attack surface grows. In HumanIQ's case, the founder and leader Alex Forte apparently isn't even a programmer.

Other shitcoin bag holder cases are where speculators didn't understand the issues in the combined disciplines of math, economics, and technology, such as HODLcoin.