"blockchain" technologies could, in theory, be used for other things. (Well, it's mostly useless. But *IN Theory*... 🙄 )
"crypto" is ambiguous, as it is also a legitimate short form for general cryptography.
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"Coinscam" is much more clear and unambiguous.
@technomancy Why not just call "cryptocurrency" "funny money"?
I've always wondered why people "invest" in cryptocurrency when they could go for a relatively safe investment such as pork-belly futures.
@technomancy I have a good theory of coinscam. Everyone involved believes themself to be a great con artist. They play their games, conning each other while in turn being conned. At the end, those most skilled in the art of fraud and manipulation rise to the top and make millions, while the wannabes who merely deluded themselves into thinking they could out-con the masses are left with nothing.
There are victims of crypto. But the victims joined a get-rich-quick scheme hoping to rob others.