If you’re not committed to learning about how #bitcoin works and all the improvements happening in the greater ecosystem then it’s easy to fall for all these #shitcoin pitches! Since crypto isn’t regulated shitcoins can promise the world and never have to deliver. It’s the easiest way at the moment to sucker in investors with minimal legal issues which is why scams are so prevalent Dumb scammers do rug pulls and exit scams, the smarter scammers keep their platform going and bleed users of their investment over a longer period of time Then you get simply naive people who think their premise is sound but don’t fully understand Bitcoin themselves but think that their crypto can be better Bitcoin isn’t about Defi or tokens or decentralising everything! All it is about his building a store of value and a measuring stick for value and to stop seigniorage
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