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> mismanagement and scams

Just because some coins are mismanaged or are scams does not speak for the technology in itself. Only to the fact that a lot of crypto "investors" don't actually understand crypto.

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This seems like the crypto version of "no true Scotsman" mixed with the "just world" fallacy. If someone loses money to a scam or rug pull they "don't actually understand crypto". How do we know? Because they lost money in a scam or rug pull - if they understood crypto they wouldn't have done that. Meanwhile, the technology and ecosystem around it can't be questioned.

If someone cons you into joining a ponzi around selling vacations, don't get pissed at everyone enjoying their vacation if you fall for it.

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