The only thing that will stop shitcoins from stealing peoples money is education. Too many people think that all coins (and stocks for that matter) have the same number of outstanding coins (or shares). This is the most common tactic to fleece those lacking financial education. Too many people judge whether a coin is cheap or expensive by its price instead of market cap. This is mostly a failure of our education system and a get rich quick mentality by the younger generations.
I agree.
Actually, I have seen some articles or pieces of information around the internet discussing how people should not buy Bitcoin because its price is "too high" and according to that logic they start to chill or sell to people whatever altcoin they want to chill. Basically, trying to convince others that is too late for them to join the Bitcoin party.
As if people were not aware that percentage of return is what matters and not price of entry.