Crypto world rife with fraud, reckless gambling and idiocy

Well, that's certainly the way it seems after all the recent blow-ups.

And this is supposed to be an improvement on tradfi?

 

Omit the word crypto from the title, and nothing really changes...

 

There are frauds and manipulators in the Crypto or non-crypto world.

Anyway, traders don't bother about all these.
We just focus on the charts.

Only foolish gullible investors have to be mindful.

 

But crypto was a $3 trillion, pump and dump ponzi, fraud, reckless gambling idiocy, trading turds, Rat poison cubed..

Not sure many other scams have got anything close to $3 Trillion.

 

You could have said the same about the internet.

 

just like the dot com era where there shouldn’t have been companies priced we’re they were . Some became giants and others made it to the grave once the dust settled.

 

I don't think you're looking at it properly. As others have said, it's no different from trading stocks, tulip bulbs, NFTs, bourbon or countless other things that have value based on the current feelings of the people owning them. Most of the people here are just involved in crypto to become rich. Getting more people to buy into the frenzy requires claims and predictions and "analysis" that often feel ridiculous to me, which is why I stay away and poo-poo the stuff.

But I do hope all those crypto bro's get rich. I really do.

 

So, this is not true of blockchain?

Fundamental Tenets of Blockchain | Bittrex Exchange | Cryptocurrency Exchange

 

Blockchain has little to do with crypto -- except to crypto snake oil salesmen.

 

Yes, bubbles repeated, but not mentioned in this discussion, nor cryptos, nor SBF, nor even dot.com, are the central banks printing trillions.