You can say what you want about regulation. But in an unregulated market (alt coins) 99.9% committed fraud, one way or another, by lying to investors. We seem not to have solutions to the problem that lying is profitable. That would be a big thing to solve.

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Common sense should tell people that if it sounds too good to be true then it is too good to be true

Bitcoin promises sound too good to be true.

Bitcoin promises nothing, it just is.

In the future, it'll be accepted in many places as payment and there will be a circular economy. That's one of the promises.

That is what people think will happen, and i think should happen, but it was promised by believers and not by code and algorithms

Which promises? I think you are conflating what Bitcoin is and what influenzas say it is. Again, common sense should prevail

It’s a dig on your “common sense” argument. The “common sense” is driven by mass media, and what is common today is absolutely bonkers for someone a few years ago. Common sense is not a measuring stick.

Common sense comes from within mate, not a screen

What most people refer as common sense is the Christian world view that has built the World. But that is going out the window nowadays, mate.

What's coming in in its place?

Nothing that will last for too long, hopefully.

Duels to the death for any wrong doing to your person would solve this.

People buy any lie because they have been operating on an artificially safe environment

Should bad actors be regulated or should victims ensure they are better informed? I don't think there's a one-size-fits-all solution to this.