Quote from: ccFOUND on Today at 06:10:30 PM

We FOUND your reply very interesting because the facts that you have shared were the same thing told to people about Bitcoins when BTC was evolving. Nobody believed in BTC and we used to adjoin Bitcoin's name with scam, ponzi, shitcoin, zero value token, no utility, a money laundering tool, etc. but we can see today that our perceptions towards crypto have changed a lot since we understood how effectively we need crypto as much as it needs us, which is why we tried a little bit to draw everyone's attention towards all the major aspects that make crypto "complete". May we have missed something, please try to add more genres so that our fellow learners may get aware about them.

If you read carefully without blinding yourself with the past bias, you will see that my post is logical and has some reason behind it. The facts I said about poor people are true and there is no denying that. Bitcoin is not the thing to help them, in fact nobody can really help them unless their own governments start a long term approach on it.

Now, I dont see where I made similarities with HYIP and Ponzi like back in 2010 - yes altcoins are comparable to them, but not bitcoin.

Dont think that this is time period is the 2010 of altcoins. Have seen enough to understand that niche projects that start with crypto backing trying to compete mainstream market and having zero market making capability is a declared failure.

The trend is very much prominent with Vaporware Altcoins>ICO>IEO>STO>IEO>Initial Blah blah whatever>DeFi>NFT>P2E... and the cycle continues. Poor people should stay away from these and focus on bitcoin if they can afford it.