The volatility, in one direction, is a bread and butter argument for the crypto skeptic. Most people investing in crypto know the risks, that’s exactly what draws them in, because it comes with huge potential upsides. No one is better at pointing out scams and schemes than other people in crypto.

What the skeptics fail to realize is that they often occupy just as much, if not more of a ‘team mindset’ than those engaging in the space. Their skepticism becomes more like the failed D.A.R.E. program to reduce adolescent drug use by exaggerating the virtues of abstinence and the worst case scenarios. And ironically, they can’t even articulate the worst parts, because they never engaged enough to have a deep understanding.

If you really want to find the deep dark secrets of crypto, no group will do it better than devout followers or developers of competing projects. I have read far more useful takedowns and warnings from people heavily engaged with and passionate about crypto currencies than the cynics are even capable of.