[sennight]

I was heavily involved with Bitcoin back when the spot price was in the single digits and the goto attack against it was "Only drug addicts and pedos use it!" My day to day involvement dropped off around the time that Wall Street started opening crypto trading desks and agitating for moating regulation - which was predictable but still sad to see... having written forex related software it was mind-blowing to see unregulated exchanges dumping full order book depth over websocket. So I've got a pretty long view on the whole thing, and it has always been my opinion that 99% of all the alt-coins were greed-fueled cash grabs targeting an even greedier and less-intelligent class of people who felt they "missed the boat" at $150, and then $300, $1k, etc. I was actually happy to ignore them for the longest time, until the Bcash airdrop started getting a lot of speculation with regard to the question of it being a taxable event or not. Anyway, a +10 year scam kinda stretches credulity... so no, the broader concept is not a scam. But that said, unless your employer is actually bringing something to the table besides a hard fork of the bitcoin reference source and fancy slide deck - you probably are involved in a destined-to-fail cash grab.