One of the biggest Bitcoin YouTubers, Matthew Kratter from the channel Bitcoin University, recently made a video explaining that this current Bitcoin bull run biggest scam is Bitcoin treasury companies , here can watch his video in which he explains why
https://www.youtube.com/watch?v=vr8hog1BHAYHow do scammers manage to convince people to invest in their projects?Do you think Bitcoin treasury companies are the biggest scam, or are altcoin scams worse, considering Bitcoin’s dominance is only about 60%?
This is stupid and you should think for yourself. There has not even been 1 serious case of a treasury company that has turned out to be a scam. Compared to all kinds of scams that were going on in past cycles, and that are going on now is just dumb.
But if we talk about scams today, it is not only focusing on Bitcoin but altcoins or memecoins which are the biggest scams today.
Thousands of memecoins appear and create many scams in a matter of seconds, ICOs, IDOs and the like are no longer popular, it's a scam that still requires a lot of capital.
First, you are underestimating the number of memecoins. As of today there are several million memecoins, not thousands, millions! I was going to say the same thing, but the topic is about Bitcoin. In the last cycles it was Bitcoin forks, Bitcoin Cash and Bitcoin SV the biggest scams, before that pyramid schemes. For now I am not so sure but definitely ordinals and runes are leading contenders.