[mkirklions]

We got our first 0.01 bitcoin in 2011. Libertarian conference, wife gave her email, got crypto. I literally was stealing Gary Johnson's nametag during this time.

Bought my first whole bitcoin in 2015.

Until the end of last year, I had a good feeling about crypto.

The alt-coin madness has me scared for family and friends. They arent listening when I tell them Bitcoin and diversify. They go all-in on pump and dump new coins like TRON and IOTA.

Im actually scared.

[teekert]

I see it too, I even have family asking for spare accounts on exchanges! All exchanges are overloaded, not allowing for new accounts, it's crazy.. I just keep telling them: treat it like a casino, don't put money in you can't live without, say goodbye to your money at day 1.

That said, IOTA is actually pretty interesting from a technical standpoint, you should read about the Tangle ;)

[mkirklions]

IOTA would be fine, but how many other coins have 0 transaction fees now?

While I dont own any Raiblocks, they are using like 7 severs to confirm. Supposedly fixes all fee/speed problems.

I worry most about the ownership of non-mined coins. The founders nearly always pre-mine or grant themselves significant amounts of coins. The faucet that is crypto mining is all based on work/energy.