If etherium and co would be honest that they are a platform for tokenised companies, I could be a bit more receptive. But the disingenuous framing of ultra sound money is where I must call bullshit. The attempt to ride bitcoins coat tails and lure people into scams is my issue.
Discussion
They cant say that they are crowdfunding platforms otherwise they would have to register as a securities exchange and so on. To me its terrible both ways same with bnb they both did icos, both raised money for a intent and purpose and packed functionality on a layer 1 to disguise it and differ it from btc.
Hey if they were honest from the jump, Goldman Gary Gensler wouldn't be standing on their throats now and declaring them a security