Ignas | DeFi Research

Ignas | DeFi Research

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Ignas | DeFi Research
Ignas | DeFi Research
Is Crypto a Scam? Here's Why These Crypto Critics think It Is.

Is Crypto a Scam? Here's Why These Crypto Critics think It Is.

Why do critics hate Bitcoin, Ethereum, NFTs, DeFi, and the crypto culture overall.

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Ignas | DeFi Research
Jun 22, 2023
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Ignas | DeFi Research
Ignas | DeFi Research
Is Crypto a Scam? Here's Why These Crypto Critics think It Is.
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"After studying crypto in any depth, there is only one natural conclusion that anyone with any nuance or understanding can come to—it needs to be completely destroyed because it's all a giant scam." - Stephen Diel, crypto critic with 60k followers on twitter.

"Crypto is a Scam” - I bet you didn't see that coming if you're a regularly read my blog.

But the sad truth is, a lot of people don’t really like crypto like we do.

There are many reasons for this, and I thought, why not explore this different viewpoint?

So, I actively looked for critics and tried to understand why some people call crypto, (and DeFi too) the biggest scam ever.

First, I had to step away from my crypto bubble. Places like Twitter often show us what we already believe, making it easy to miss different opinions.

There's actually something we can learn from people who are skeptical about crypto.

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