Yeah I am like that but I never made money in crypto. I have no argument to say that it can’t be lucrative. Its just that its immoral for any that do make money because it is a scam ultimately. Any crypto that is energy efficient does not have as much potential to make money and truly legitimate crypto only has the value of the energy used for its purpose (gridcoin being the best example I know of where the crypto’s energy use results in useful work)
I completely disagree. bitcoin has no useful product. its equivlent to getting paid to burn a barrel of oil just to take it out of the available oil supply. Stock represents a company that, hopefully, is producing something useful. Cypto is mos certianly more of a scam and also more moral. Our current market is way out of wack so im not going to say its not scammy in its own way or immoral in its own way but if it is crypto is definitely moreso.
Yeah I am like that but I never made money in crypto. I have no argument to say that it can’t be lucrative. Its just that its immoral for any that do make money because it is a scam ultimately. Any crypto that is energy efficient does not have as much potential to make money and truly legitimate crypto only has the value of the energy used for its purpose (gridcoin being the best example I know of where the crypto’s energy use results in useful work)
It’s not more or less a scam than the stock market. Not more or less moral.
The only difference is how long the stock market has been around.
I completely disagree. bitcoin has no useful product. its equivlent to getting paid to burn a barrel of oil just to take it out of the available oil supply. Stock represents a company that, hopefully, is producing something useful. Cypto is mos certianly more of a scam and also more moral. Our current market is way out of wack so im not going to say its not scammy in its own way or immoral in its own way but if it is crypto is definitely moreso.