The OP outline is very convincing.
How the hell can an "outline" be convincing?
"Evidence" is either convincing or not (or nonexistent, as in this case).
An outline is nothing.
Why is everyone taking issue with my views?
I found Ethereum IPO very convincing, but as they offered no evidence I didn't invest.
I did say:
Until there is evidence of a scam, targeting BTC whales and purchasing of accounts to effectively create a boiler room type scam, then this goes nowhere and people should use judgement to take a careful look at this from both sides of the fence.
If anyone has issues, taken them up with the OP.