Quote from: oktana on April 25, 2024, 11:22:47 PM

Quote from: big kid on April 25, 2024, 06:48:51 AM

Quote from: oktana on April 24, 2024, 11:56:46 PM

Hate it or love it, Bitcoin is Crypto. No matter how you want to treat it, it is a cryptocurrency just like we have many others. What I get from people most times is how they think that crypto is a scam and this is always caused by some altcoin, etc. So any thing said about crypto in general or accusations about it still ends up hitting all innocent cryptocurrencies, especially Bitcoin. But it is what it is.

Exactly, that's my thought. Yeah, there are a lot of scams in the crypto space, but scam schemes always existed with fiat too, people still use it, and they don't have the word "money" or "currency". Not calling BTC crypto because there are other coins that are used to do shady stuff is like not calling yourself an American, when you're an American, just because you don't like what some other Americans do. That doesn't define you, just like it doesn't define BTC.

Yes. But thinking further about this; Even if Bitcoin was not called crypto and it stood in its own, people will still call it scam and say all sorts of things. This is because some people have been scammed in Bitcoin and so they perceive it as a device for scammers. I mean people who have been scammed of their Bitcoin. Make no mistake, they are ignorant about it because in the actual sense, Bitcoin is just money and it’s not the cause of the scam.

I still remember many years ago when many altcoins had not yet appeared and the market was flooded with HYIP projects promising high interest rates. And to participate in these projects, people need bitcoin to be able to invest. The result is as you know: 100% of HYIP projects are scam and ponzi models. It can be said that bitcoin has been called a scam since that time and not because of later altcoin projects.

Obviously everything comes from and is created by human behavior, and blind greed has caused many people to be scammed, but they always find ways to blame others instead of admitting their ignorance. Besides, there are also many people who have just joined the market in recent years, they don't know anything but try to appear knowledgeable and make nonsense judgments.