Earlier quoted context omitted.
100% of it is a scam, the only reason you said 99.99 is because blockchain as a technology is worth something. But crypto coins themselves have no value at all in the real world. One pizza place here, and one bitcoin ATM there does not make a difference. As long as you can't trade real goods and services for crypto coins it is absolutely worthless. And that is why any association with crypto makes intelligent people…
> As long as you can't trade real goods and services for crypto coins it is absolutely worthless. As long as you can sell it for USD it's not worthless - you don't other goods/services - although that said the list of those is still growing. The fact that I can send money (liquid fiat) to a friend without going through paypall/zello/etc. is valuable. The only thing that could make it a "scam" is the promise of money,…
You can do that only because Bitcoin is currently underregulated. Governments will eventually regulate it to enforce money laundering laws and starve DPRK, and then Bitcoin will become even more expensive relative to other options.