35 crypto companies got together to make a change dot org petition called “Bitcoin Deserves an Emoji”.
F that
Bitcoin isn’t a scam. All non-bitcoin cryptocurrencies are scams.
People often hear about stuff like coins that are pre-mined, or proof-of-stake and the schemes and scans that come out of those, and immediately associate Bitcoin with the same thing.
That is also not 100% true. There are several altcoins with fantastic utility. Monero and Ethereum come to mind.
Exactly. Most cryptocurrencies are scams, but a handful are fantastic. Ethereum is cool for being proof-of-stake (so no high-energy mining), and Monero is cool for being super privacy-oriented. There are a handful more, but honestly, if you stick with Bitcoin, Ethereum, and Monero, you’ll be fine.
That’s pretty much exactly my thought. I hold a very very small amount in Polygon, but only in order to pay the gas fees for the Polygon network. So I never have more than a few US dollars worth in it at a time.
Ethereum has scam characteristics though. The creator Vitalik gave himself time to mine it alone before giving public access. He secured for himself quite a nice stash
Of course bitcoin is a scam. It’s a “currency” you can’t spend anywhere. It’s only purpose is a pump and dump scheme for early adopters.
