Unfortunately you can scam people and not even be doing it on purpose. Think pyramid scheme where the lower level people are convinced its a real thing and are trying to recruit new people.
Garlcoin was claimed as ASIC resistant from day one. So whether they knew that to be true or not (doing it on purpose or not), yes people were scammed into thinking it; along with an unknowing (young to cryptos) community that was firm in the belief. So its just like the analogy I made. People not having the technical knowledge to know if it was true or not selling to other people their unjustified knowledge.
scam noun [ C ] uk /skæm/ us /skæm/ informal
an illegal plan for making money, especially one that involves tricking people.
You can't even compare it to ponzi schemes... You can make your own definition of a word, but it won't be true just because.
Anyways im done with OFF.
1. a dishonest scheme
lol go back to your flat earth memes.