2025-12-23 19:30:29

Been hearing the same concerns for years now—people questioning whether crypto is just one big scheme. Can't blame folks for being skeptical. There's definitely plenty of scams and rug pulls that made headlines. But honestly, lumping everything together as 'crypto scam' misses the point. You've got legitimate projects, actual utility, real builders. Then there's the garbage tier stuff. The real question is: how do you tell the difference? That's where doing your own research actually matters, not just writing off the whole space.

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ProveMyZK

· 7h ago

You are not wrong, but saying DYOR is easier than doing it. How many people actually read the White Paper...

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GasFeeCrybaby

· 7h ago

You're not wrong, a one-size-fits-all approach is really meaningless. Too many suckers have been played for suckers, and now they get angry when they hear about coins. --- The concept of DYOR is fine, but the problem is that most people simply don't want to research. --- There are so many garbage coins, but there are indeed some people doing real work. The issue is that the signal-to-noise ratio is too poor. --- Everyone says this, but how many can really tell the difference... --- Instead of blaming the whole circle, it's better to learn to recognize people. But that's a high requirement. --- There are scams, but demonizing the entire field is too ridiculous. Yet, it's often the people who can't make money that love to do this.

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OnChainDetective

· 8h ago

nah, wallet clustering data literally tells the story—rugpull signatures don't lie. the problem isn't crypto itself, it's that most people can't read transaction patterns to save their lives. seen too many "legitimate projects" with suspicious fund flows traced through multiple hops. statistical anomaly after anomaly, yet ppl still fomo in blindly

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DefiEngineerJack

· 8h ago

honestly™ the "do your own research" line doesn't hold up when most people can't even read a contract audit. that's the real bottleneck here, not access to information. rugpulls happen because the technical barrier to entry is non-trivial, and that's just... how it is.

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