Post
Topic
Board Beginners & Help
Re: Important to know: Difference Coin / Token and shady marketing practices
by
pooya87
on 19/09/2023, 04:19:55 UTC
Although I agree with your points but I'd like to add that the main way of scamming people in the altmarket is not disguising a token as a coin, most people already don't understand the difference or care, it is by telling them the garbage they are buying is "useful" has "potential" or sometimes weird things like "it is replacing bitcoin".

Quote
Examples of coins are: ~  Ethereum, Ethereum Classic,~
These are not exactly coins either. The technical term used for ether is "smart contract fuel".