Post
Topic
Board Altcoin Discussion
Re: Has Crypto Lost Its Way?
by
The Sceptical Chymist
on 07/09/2024, 18:13:03 UTC
<snip>but most altcoins have always been about quick profits, that's why people buy and sell them as fast as they can make profits. AFAIK, bitcoin hasn't lost its way and altcoins have always been this way, right from the days of ICO's up until now.

Yep, and how about all of these coins that have some sort of governance built into them?  Seems like having a DAO is viewed as something positive instead of what it really is, which is the age-old mechanism by which the rich get to control everything and the poor just get stuck with a lottery ticket.  It is unbelievable to me that people involved with coins like DOT, ATOM, TRON and the like don't see this clearly.  Then again, crypto has been full of suckers and idiots right from the get-go.