this post was submitted on 20 Sep 2026
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Sounds to me like you understand crypto just fine. You can see that there's no value, and therefore a scam. You've got this!
I'm surprised (but pleased) that this comment has no downvotes.
If anyone ever sets up crypto for something it's actually good for, I'll support it. But until such time…
Monero is good for when actual private transactions are needed
It's always felt like a scam to me, but I can't even count the amount of people who have scoffed or laughed at me for saying so.
There are two pitches to crypto: it's an investment and it's gonna be the new default currency.
Is plain wrong, it's a gamble. The trading value of crypto is erratic and unpredictable. Anyone trying to claim otherwise is a scammer.
Cool, I'll wait until then.
It is for this reason, I always say "I'm surrounded by morons. Morons everywhere. Far as the eye can see....."
Talking about those who laugh at you for saying it's a scam. Check back with them in 5 years, and ask them how much money they've profited from crypto. Just don't be surprised when they become hypocrites, and tell you to shut up about those scams.