Comment The Web3 Fraud (Score 4, Insightful) 65
What is
Hype.
"So why this hype? Because the cryptocurrency space, at heart, is simply a giant ponzi scheme where the only way early participants make money is if there are further suckers entering the space. The only âoeutilityâ for a cryptocurrency (outside criminal transactions and financial frauds) is what someone else will pay for it and anything to pretend a possible real-word utility exists to help find new suckers."