Yes, BitCON is a huge scam. Maybe not exactly scam, as a pump and dump coordinated pyramid scheme for insiders trading and bot machines along with shiller who need the next idiot to put his cash into crypto synthetically driving the price up so they unload on idiots who believe that story.

BitCON jesus satoshi saw it as - BitCON as a P2P digital cash. But its faulty by definition. By definition cash is anonymous, and there is no transaction fees, cash transactions are never recorded on a public ledger for ever. BitCON on the other hand is all contrary to that. Huge transaction fees, publicly publish transaction records, not anonymous. Dont give me lightning network please. Plus its slow, expensive, spending huuge amounts of electricity. In short terms, completly USELESS. Only use it has is using electricity for nothing, and pyramid pump and dump schemes by insiders to steal peoples money.

Then when the scammers saw that you can no longer sell the bullshit story, then they sell you BitCON is store of value. By definition it fails, since:If someone buyed bitcon 3 months ago, his wealth deteriorated, so that is a scam also by definition.