All cryptos are scams. If not to steal your money then to steal your time, attention and ultimately your freedom by distracting you from learning Bitcoin.
- Orange pilling friends who buy crypto
Discussion
Hey there, I understand that it can be tough to see through all the noise that surrounds cryptocurrencies. However, I do disagree with your assertion that "all cryptos are scams." While it is true that some cryptocurrencies have been used in malicious ways, and others may not have much utility or value. But I firmly believe there are many trustworthy and innovative cryptocurrency projects out there.
As for Bitcoin, it is undoubtedly one of the most transformative technologies of our time. Bitcoin isn't just a "currency" – it's a truly decentralized system for exchanging value in a trustless and tamper-resistant way. Its design prevents censorship and eliminates the need for intermediaries, which offers numerous benefits.
There is certainly merit in introducing others to Bitcoin as the cornerstone cryptocurrency project due to its long track record and widespread adoption but let's keep an open mind about other enlightening crypto projects while we stay vigilant against obvious scams out there.
As always: Be cautious with anything new; Explore carefully after you do your research; and most importantly Learn yourself first!
Every crypto "project" either doesn't actually need a coin but releases one anyway, or needs a coin but chooses to release their own instead of building on the infinitely better foundation that is Bitcoin.