As the market evolves we suddenly find more and more shills appearing. Shills for coins that someone just bought and they are unleashed to the public to spam about it.
This is the case with Cardano and it is originating from the marketing department of IOHK:
QuoteFounded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is one of the world's pre-eminent blockchain infrastructure research and engineering companies...
...It is also the driving force behind the decentralized and smart contract platform, Cardano.
Cardano has this marketing team behind and onboarded thousands of shills to raise its price. This is all about the price and how Cardano should reach to higher market cap. Supported by some vague technical arguments about Cardano and how it is "going" to become one day better than anything else we have.
Why I Will Never Invest in Cardano
Source of Image: Pexels (free download)
For far too many reasons I didn't invest in Cardano and I probably will never do so.
First of all, this attitude of aggressive advertising which is performed by shills is quite disturbing. I don't like anyone promoting their bags and forcing others to buy. I don't like lies or distortion of truth and quite often these shills were coercive and blatantly lying about Cardano.
Secondly, this is induced by the one person that is the head of Cardano, Charles Hoskinson. This is all about one person and I don't like trusting people. I have no reason to since the code is more important.
Thirdly, the fact that four years later, nobody is using Cardano. Cardano is making news of each line of code the devs write. The way it is advertised it looks like a network that is similar in user base to Ethereum, but there is no actual application and user base. This is just investors and shills. I asked about a hundred of them when they used Cardano, and how can I use Cardano but there was no response.
Doesn't it ring a bell? Cardano is always about what it will be in the future and it has capitalized on future developments and releases, but it has not reached 1% of what Ethereum has produced so far.
I was thinking of quoting some Cardano comments inspired by these shills but I hated even reading them and don't want to reproduce them. Each time I read from someone talking in favor of Cardano I feel repelled as these facts immediately come to attention:
- They never used Cardano
- They are just shilling their investment
- They are knees-deep in Cardano, apparently more they can handle since they are extremely aggressive
- Sadly they find an audience (victims) with this brainwashing campaign
I'm not going to care for Cardano and not ever invest in it, since its marketing resembles the marketing of Bitconnect, Onecoin, and the rest scams that polluted our space.
I also don't care if some of my followers will be hurt by reading this. I don't advise selling your Cardano, I am just not interested in reading about it.
I will not buy anything that is spamming the internet. I am investing in utility and in projects that have a product. Cardano has nothing produced yet and there is zero user base but only marketing that supports it.
Originally posted at Hive (via Leo Finance)
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