[flarex]

Scams, criminals, ponzi schemes and MLMs. Usually when those are used to describe crypto there is no accompanying explanation of why those are relevant or apply in a particular case. There are many ways to genuinely critique crypto that don't use trite buzzwords.

[honkycat]

Because they are a platform that promises users they will make money by investing, when in reality only the early adopters / extremely lucky have any chance at making money.

[flarex]

My intuition tells me that if an asset class rises steadily (albeit with volatility) for 10+ Years the majority of investors would be in profit. Anecdotes aside. Do you have data that suggests otherwise? I would be surprised if you did.