Cypto currency is a scam

>cypto currency is a scam
Why do normies say this so much?

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youtu.be/KTf5j9LDObk?t=94
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because its true.

It is.

We just don't give a fuck.

I think for two reasons.

1) They don't understand it.

2) They only hear about either people making tons of money, or people losing tons of money.

Put these two together and red flags pop up in their minds. Rightly so.

I say this irl just to keep normies away

To justify their wage slavery

the normies are right on this 1

youtu.be/KTf5j9LDObk?t=94

Because they understand it's a zero sum game.

It's not a literal scam but it is pretty much like the dotcom bubble.
Thousands of completely useless overvalued coins that will be wiped out sooner or later,

retard, we need normie money to buy lambos

Financial systems are a scam.

100 wagecucks walk into a crypto. 1 walks away as millionaire, 99 walk away as broke wageslaves for the rest of their lives.
It's almost as if there was a trend. It's almost as if currently crypto was a large money redistribution system. Why normies call it a scam? Because it's like a casino but they will lose 100% of the time, lol.

how can it be a zero sum game if the total market cap keeps going up?

to be fair most have still made at least a couple of grand even now

Because it is a scam

Because there is a constant influx of fresh blood. Technically the moment this engine stops going some of us become bagholders and the rest walk away with their profit.

>most

no, its a 0 sum game. Most can never make money..

...

Nobody is saying crypto is a scam. They are saying trading your money for unaudited unregulated fun money so that you can buy crypto on unregulated exchanges is a scam.

He's right though. The only money that can come out of the exchange is money that went into the exchange. And most of the gains are from low volume trades.