15 years

[Anonymous No.55898291]

> wallet hacks (atomic, phantom)
> wallet phishing
> pyramid schemes (99% of tokens)
> ponzi schemes (celsius, voyager, blockfi, luna)
> ransomware
> malicious contracts
> airdrops that drain your wallet
> pump and dump (elon changing twitter logo to doge then dumping $125m of dogecoin)
> telegram/twitter pump and dump groups perfected and monopolised the greater fool funnel
> social engineering and manipulation (elon announcing buying BTC then selling it all to "test liquidity")
> cold wallets that share your date with glowies (trezor, ledger)
> liquidation engines (ftx, binance)
> scamming ecelebs on twitter
> shitcoin rugpulls
> weekly hacks that are inside jobs
> greedy saturation of copy-pasted blockchains and dapps that all do the exact same thing (take your money)
> altcoins being sued as unregistered securities (which they are)
> altcoins being delisted from normie trading apps (robinhood)
> most major banks cut off or severely limited crypto onramp/offramp
> binance being kicked out of most major markets
> crypto taxes and regulation increasing with each day
> whats left of crypto speculation/gambling being pushed more and more into the fringes where 99.9999% of projects are 24 hour lifespan rugpulls
> shitcoins can no longer do any marketing or shilling for fear of getting sued.

[Anonymous No.55898293]

everything in crypto is complete bullshit. including so-called "smart" projects like eth and link.

if someone ask you why the internet has value. you can give 1000 reasons. or why amazon.com is valuable, or why a combustion engine or can opener even.

every "use-case" for crypto beside scamming is some hypothetical pie in the sky nonsense that would require an overhaul of the entire global financial system and unseating of made capital.

the only thing they do is facilitate scamming, moving shitcoins around and transferring wealth from one participant to another, from one shitcoin to another in a negative sum game of musical chairs.

so dont get stuck thinking any of this shit actually does anything. it doesnt. it will make you believe hope is around the corner as you cling to worthless shitcoins from a prior cycle following news and charts and investing emotionally in a project that nobody in society knows or cares about.

as your fake networth gradually declines with the ever expanding number of shitcoins sucking liquidity from each other and eventually collapsing as ponzis. you will come to the realization that no you wont make it and they were right about crypto all along (its a scam)

[Anonymous No.55898371]

The only non-bullshit project which is truly decentralized and not lead by a scammy company is Bitcoin.

[Anonymous No.55898377]

>>55898371
and it dropped 17% in one day back to 2022 levels. Lmao?

[Anonymous No.55898449]

>>55898371
>>55898377
fuck me this board is dead. its literally just us 3.

[Anonymous No.55898469]

>>55898449
Or maybe no one wants to reply to your retarded bait post

[Anonymous No.55898511]

>>55898291
Stfup and buy MOG coin before you get priced out lmao kek

[Anonymous No.55899207]

>>55898291
That's why I buy Luna Classic only. At least proofen.

[Anonymous No.55900436]

>>55898291
Yeah man it's a system that lets those who missed out on old school scams, old internet scams and real ponzis finally get a piece of the pie.

Sure crypto turned out to be something different than what it wanted to be. But that doesn't mean it doesn't have a use. It let's people gamble with an actual edge, and let's them run the casino without going through tons of bureaucratic hoops.

[Anonymous No.55901835]

>>55900436
Based crypto gamblers

[Anonymous No.55901861]

>>55898293
Of course you can give 1000 reasons the internet has value, because its established and broadly used for many things

People said the same thing about the internet or Amazon when it wasnt a thing yet duh
>require overhaul of X
Yeah thats the definition of disruptive

[Anonymous No.55902037]

>>55898291
You basically summed it up OP. That's why i only get into the shittiest, most scammiest and schizofrenic narrative-driven-tokens out here. Last week i heard all about the crux decussatta shit and how elon is making another token, the whole "cypherpunks" communicating from inside the blockchain and how it all ties into this shitcoin called "x.com" and i immediately bought 12k. It's called rabbithole investing, you should try it

[Anonymous No.55902090]

>>55898291

I agree with a lot of it.

HOWEVER,

>fiat is an even bigger scam, and is constantly abused by incompetent politicians
>gold is inconvenient as fuck to the point that it is useless

so yeah the fact that crypto is shit, is true, but unfortunately the alternatives are even bigger piles of shit, so here we are

[Anonymous No.55902794]

jokes on you, should have bought hpos10 and you would know what it's like to buy premium orange jumg0gtice and not high fructose corn syrup

[Anonymous No.55904316]

>>55898291
in 15 years it went from being completely unknown to being used for buying drugs on the dark web and gaining some media attention to financial institutions, nation states, and the collective mainstream adopting it.
The amount of jewish tricks that not only exist but are knowingly exploited every day in legacy markets absolutely dwarf anything that's ever happened in crypto. You are a faggot.