We're talking ONLY about Bitcoin in this topic. Why? Because I, personally/no offense, consider 99% of the projects from the "wider crypto community" to be scams.
To be more careful, we need to understand that this other cryptocurrencies inventors, operators or project developers also rely on bitcoin as their solid investment background asset that funds the other projects they developed, so why should a common man like we made a decision to invest with them when we have the direct link to invest with bitcoin and hodl thesame way others are making their profits from it.
You're not getting the point. They are scams because most of those, to be political correct let's call them "altcoins", do something but they're not truly what they are claimed to be. Most of them are not truly decentralized, and their developers know it, but will never admit it.
On a lighter topic, Valkyrie's ETF will be listed under the ticker "BRRR". Hahaha.
