Quote from: wajik-tempe on December 08, 2023, 03:43:32 AM

The concept that banks are the major cause of cryptocurrency project failures oversimplifies the crypto space's numerous issues. While the banks have restrictions, operate within a regulated system that maintains financial stability. Cryptocurrency initiatives frequently face roadblocks because to market speculation, a lack of transparency, and vulnerability to fraud. Blaming banks for failures ignores the need of prudent project management, investor education, and regulatory transparency. Although creative, the crypto ecosystem demands a more sophisticated strategy for long-term success.

While banks are guilty of a lot of things, blaming them for the failure of shitcoins does not make sense, bitcoin the first and the best coin in this market did not require from the support of banks, why coins these days require the support of banks when Satoshi neither needed it or wanted it?

For what I can tell this is is just a very weak excuse to try to explain away why the majority of shitcoins collapse, when in fact the reason is right in front of us, and that is that shitcoins are worth nothing and they do not deserve to receive a single cent.