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by thr0wawayf00 1310 days ago
Exactly right, and this is crypto's fundamental problem.

Say you have a small group of people who are all on the same page about what crypto is and how it should be integrated into society. Then another group comes along and recognizes it as an opportunity to pump and dump. The scammers create their markets and their tokens, driving the value up insanely until it all comes crashing down and innocent people lose everything.

There's really nothing the original group can do to stop the scammers because the entire point of crypto is that you're assuming everyone is a criminal anyway. It just doesn't work.