Crypto is a scam

[Bill buffalo]

The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

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[bhadz]

The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

If it is a scam then why this?

I have a stolen bored ape yachts club nft it's worth $65000  but am willing to sell it for half the price

NFTs are also cryptos and part of the ecosystem so, if you're telling that it's a scam then you should get nothing out of it. But am I reading it right that you've stolen one? Not gonna ask how you'd do it or if it's for real. But going back to the point saying that crypto is a scam and with all of that gap between the rich and poor, there's always a boundary in each market that won't be favorable to each of us.

[rat03gopoh]

The gap will always exist even without crypto. Remember that crypto can't change your financial level by itself. It only helps you break boundaries if you're looking for opportunities in the wider business space. Again, you have to try to find those opportunities yourself.

[sheenshane]

I tend to agree above of my post.
Though it has the potential to offer new opportunities and break down certain barriers, it's not a silver bullet that can automatically uplift everyone's financial situation.

The very important in this field are skills and knowledge so that you will not get scammed.
Because scammers are commonly there of those who offer potential financial opportunities.

[Fline Han]

Is Crypto a Scam?

The balance between the rich and the poor has always been there, even if there were a free source of financial freedom, some folks would still remain poor because they wouldn't learn, and they wouldn't put to work what they have learned (if they manage to learn). Cryptocurrency's attempt to bridge the gap between the poor and the rich in my own opinion was successful because many have taken the opportunity to scale up their status while others waste away valuable resources because they are looking for a get-rich-quick scheme, they follow the advice of people that may not have the experience and capacity to predict the market with precision.

[TheUltraElite]

The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

Fiat currencies have their own problems - Bitcoin was created to solve those problems. It was never meant to solve the rich-poor divide.

Crypto is not a silver bullet to poverty. It is money and it is going to more in the hands of those who already have money or in other words the rich will remain rich and the poor will remain poor. To solution to poverty is a different topic of discussion. But to solve cenorship, centralization - bitcoin is your go-to currency.

If you think that owning crypto will turn you from poor to rich, you are mistaken.

[Bitcoin_Arena]

You are the type of people who rush to crypto thinking you will become miraculously Millionaire overnight without even putting any much effort yourself and then after a reality check, all of a sudden, crypto is scam.
The purpose of Bitcoin was to make you have complete control over your money. Now whatever you do or how you become rich is all on you.

[hugeblack]

The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

All projects that claim this are scam. None of the Bitcoin developers promised that you would become rich, and everyone says that it is a payment system without the need to trust a third party, and no one mentioned the issue of wealth and poverty.
I do not think that we will reach a world in which everyone is happy and rich. This is the world and there must be a distinction between classes, but in the worst cases, there should be no meaning in obtaining the basics, as any individual can, with simple effort, obtain a home, warm food, and clothes, etc. In the form of a job or support.

[lixer]

Is Crypto a Scam?

The balance between the rich and the poor has always been there, even if there were a free source of financial freedom, some folks would still remain poor because they wouldn't learn, and they wouldn't put to work what they have learned (if they manage to learn).

Not balance though, because I think there are more poor than the rich. But there might be a reason on why it's like that. We already know why actually. Bitcoin is an example of financial freedom but it does not mean that each poor are now going to get rich when they use it.

It's true meaning is actually to transact freely and to have a currency that we totally own, which are free from manipulations ( inflations ). You shouldn't judge poor people easily and say that they don't learn or work. Many does that actually. But it's just there is some kind of force that prevents them to change their financial status. This why many can say that being rich, also has to do with being lucky.

[tabas]

@OP, you're wrong. The main point of crypto which started with Bitcoin is all about transfers like remittances(P2P transfers) and from there, you'll not be able to justify about the gap and of rich and the poor because there's no thing such as that comparison you've mentioned. Do you have something where you're pulling off this disappointment of yours? Like the fees of btc transfers now aren't cheap and this makes you think that there's something wrong with what you believe? If you're the type of guy that believes that you'll be an overnight rich guy because of crypto, gone are days that you'll able to do so like being one of the earliest adopter of Bitcoin. But even the early adopters of Bitcoin, many of them didn't thought on how big it will be this time.

[MainIbem]

The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

Crypto is like a game for the smart people and if you aren't smart and ready for it I don't think you will be among those who will make money from cryptocurrency, also have this in mind that your lose is another's benefits while your benefits is another man lost, it depends planning if you sets yourself properly you would see that it's not scam rather a game of survival for the fittest so you have to map out when is good for your investment and when to take profits because I can understand that those with little or no experience will call it scam.

[goldenmonke]

The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

crypto is not a 'scam.' e.g. btc is a permission-less way to transfer value. there is of course speculative price activity in this relatively new domain.

[bluebit25]

The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

Can you be more specific? I noticed a lot of this user's posts express judgmental opinions without explanation. What would you think if someone called you crazy or a scam? ,bad things that aren't sure about you but they keep making that assessment.

This space has both positive and negative things, but rather that assessment is determined and imposed by people themselves, what do we seek from it, yes but the goals in mind and This is like a playground for everyone to show off their abilities. I have also encountered a lot of dissenting opinions in this space, but I don't like to follow one-sided trends without any basis. It only causes more misunderstanding than sharing useful things.

[m2017]

You are the type of people who rush to crypto thinking you will become miraculously Millionaire overnight without even putting any much effort yourself and then after a reality check, all of a sudden, crypto is scam.

Unfortunately, this happens to many people when their cherished desire to become a millionaire immediately after buying a couple of shitcoins doesn't come true. Once they got into shitcoin, such people begin to think that all cryptocurrencies are scams.

Not all cryptocurrencies are garbage and among them there are decent coins with good potential. Just need to be able to discern these diamonds in a mountain of shit, which not everyone can do, especially beginners.

The purpose of Bitcoin was to make you have complete control over your money. Now whatever you do or how you become rich is all on you.

Bitcoin is truly unique and stands out from other cryptocurrencies. In skillful hands, this financial instrument provides unimaginable opportunities. And in the inept, of course, even bitcoin will turn out to be "Crypto is a scam".

[TheUltraElite]

I guess the OP started their journey on the get-rich-quick path and go washed away quickly, which is obvious and hence for them, it all seems like a scam. A very childish way of thinking but a primitive and feral one indeed. If they had applied the logic they would see that crypto was never meant to make the rich poor and the poor, rich. It only helps bridge some gaps in fiat currencies properties which lead to problems.

With proper background knowledge crypto can be used easily and with great effects. But if you are only here for the riches, then you are in the wrong place.

[vennali]

The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

I would consider this an argument if you posted some facts and figures or at least some examples along with it. It's just a generic statement. I hate 20 degree C weather, unfortunate that someone likes it.

[decodx]

Crypto itself is not a scam.  It's a new technology that could make finance more fair and available to regular people.  But like with any new thing, there's always folks looking to take advantage for themselves.  But some people see crypto as a get-rich-quick scheme, which gives the whole thing a bad name.  People like you specifically. They are a real scam!

[ghost424]

Imagine posting on the Bitcoin Forum just to spite people. Hahaha bro, they will eat u here alive. Most people here have created a living out of cryptocurrency and its only a matter of time that it is accepted well into establishments.

[hugeblack]

With proper background knowledge crypto can be used easily and with great effects. But if you are only here for the riches, then you are in the wrong place.

Such concepts are fueled by YouTube channels. Search for Bitcoin/cryptocurrencies and you will find that synonyms for these words are always linked to positive income, how to become rich, how to achieve $100 an hour and other false promises and dreams that beginners believe and soon find themselves losing everything.

[criptoevangelista]

Apparently you only live in the past, you have to start looking forward... Remember that today you can buy satoshis for a cheap price...

Always remember that in the future the mining reward will be less than 1 BTC.

So you can already imagine what will happen, right?