Yes and i don't think they really understand the differences between currencies and unregistered securities, lol. So to them if it's kinda scammy and can make them some quick money they wanna do that they just don't wanna be the one left holding the bag when it all goes to hell.

So i'm not sure that means they really interested in the development and infrastructure of the crypto system. I don't think they even gave it any thought really. These are really high risk scam start up businesses. LIke penny stocks without any reporting . it's just mostly ripe for criminal activity and bad results..

We generally glamorize successful crypto stories but it's countless stories of people just losing money mostly. that gets left behind in the luster and hope for gold. i keep making the gold rush comparison because remember with the gold rush they were always talking about the guy who got rich off his mines but they found out the people who really got rich were the people who sold you the mining equipment and pick axes as such.

So all these scammy projects and ideas pop up and it's the same thing really. the guy who sells you the dream or the equipment to in your mind pursue it. He gets rich.. so in this world that's generally the project creator or maybe the very first person to find gold on the land which is the first round of people into the crypto. so bitcoin is established and although i still believe ethereum was an unregistered security and should have been fined. i think that started a bad message that spawned other projects.. So again i'm not getting so much people around here believe in the idea of crypto as much as they just believe in the idea of making profits and sending it back to fiat..

Because let's face it.. no matter how much they earn in these cryptos they aren't going to buy a car in hive or that nft they holding.. or anything of real importance. likely they going to have to do that in something with less volatility and a great deal of liquidity and that's going to be bitcoin.

So everyone else is really just kinda full of it really, lol.. So that's the hard truth. .then there is the sugarcoated version which we get with many of these altcoins haha