Crypto would not have that looks and such a bad reputation if there were no scammers that existed in the real world. We blame them as they are the main reason why many people are afraid to invest and think that crypto in general is a Ponzi Scheme. No matter what we do and even if it is not named crypto, these scammers will destroy it.
Might giving a new name is somewhat helping to avoid confusion but most of all, proper education is definitely what we need. More people buy Bitcoin, yet they don't have knowledge about it which still ends up losing them and falling into using fake wallets, exchanges, etc.
Topic: I don’t like the term “crypto” - page 4. (Read 759 times)
Hate it or love it, Bitcoin is Crypto. No matter how you want to treat it, it is a cryptocurrency just like we have many others. What I get from people most times is how they think that crypto is a scam and this is always caused by some altcoin, etc. So any thing said about crypto in general or accusations about it still ends up hitting all innocent cryptocurrencies, especially Bitcoin. But it is what it is.
Exactly, that's my thought. Yeah, there are a lot of scams in the crypto space, but scam schemes always existed with fiat too, people still use it, and they don't have the word "money" or "currency". Not calling BTC crypto because there are other coins that are used to do shady stuff is like not calling yourself an American, when you're an American, just because you don't like what some other Americans do. That doesn't define you, just like it doesn't define BTC.
BTC> I don’t like the term “crypto” …Not only because it distorts the field of cryptography, but it is also very much related to scam schemes, perpetrated by individuals who have 70% pre-mined coins, create pseudo-decentralized systems, and register trademarks, among other tactics…
No one is asked to like and you are free to express your opinion in a public space like this, the connection between fraud and crypto is always a distortion and even Bitcoin itself is always associated with it. An important lesson that we can learn is a person's way of thinking because fraud does not occur if people do not feel guilty about accepting information without verifying it first. In fact, what I see is that this industry is increasingly developing because of the term crypto because public media will continue to play its role as a place for promotion.I'm just making an analogy but for different individual understandings because I don't have an argument to refute the facts. So whatever you call it, perhaps the level of fraud is not based on the name of the product but rather the stupidity of individuals who cannot verify its truth. So where is the mind as a place to process truth if it is not used?
Anything that uses blockchain is crypto. So bitcoin is crypto!
That's so untrue! IOTA doesn't have a blockchain... All transactions are recorded on a private ledger. The point wasn't even based off of the fact that cryptocurrencies don't have blockchain so what are you saying?I prefer the term "timechain" because it highlights Bitcoin's function as a chronological record of transactions, just like Satoshi Nakamoto envisioned...
Source: Bitcoin Magazine Article
BITCOIN’S BLOCKCHAIN IS THE TIMECHAIN, LET’S CALL IT THAT
Calling Bitcoin’s blockchain the “timechain” would honor Satoshi’s intention and help clear up altcoin misdirection.
https://bitcoinmagazine.com/culture/bitcoins-blockchain-is-the-timechain
BTC>
Hate it or love it, Bitcoin is Crypto. No matter how you want to treat it, it is a cryptocurrency just like we have many others. What I get from people most times is how they think that crypto is a scam and this is always caused by some altcoin, etc. So any thing said about crypto in general or accusations about it still ends up hitting all innocent cryptocurrencies, especially Bitcoin. But it is what it is.
Anything that uses blockchain is crypto. So bitcoin is crypto!
That's so untrue! IOTA doesn't have a blockchain... All transactions are recorded on a private ledger. The point wasn't even based off of the fact that cryptocurrencies don't have blockchain so what are you saying?
Anything that uses blockchain is crypto. So bitcoin is crypto!
That's so untrue! IOTA doesn't have a blockchain... All transactions are recorded on a private ledger. The point wasn't even based off of the fact that cryptocurrencies don't have blockchain so what are you saying?BTC> I don’t like the term “crypto” …Not only because it distorts the field of cryptography, but it is also very much related to scam schemes, perpetrated by individuals who have 70% pre-mined coins, create pseudo-decentralized systems, and register trademarks, among other tactics…
it has created a very Stern impression in our minds - coupled with the rug pull over the years on CEX - people tend to look at bitcoin in disdain when it's collectively Called among cryptos..You see, learning is a process that never denies an impartation...As a result, people have seen the relentless evolvement overtime and, Bitcoin doesn't have to prove itself through several more decades.
I actually don't have any issue with the term, maybe because I'm not a lame person to the term. Thinking about it now, I don't use the term often, I usually use bitcoin or altcoins.
I've always seen crypto as an abbreviated form of cryptocurrency and nothing more, never related it to scams too.
The term on its own has no negative meaning. People will always make whatever meaning in whatever way they want. There are people whose brains just ring scam when they hear "bitcoin". Bitcoin is not at fault here but for those who have refused to understand what it is, the same applies to crypto.
Only people who are not enlightened on this subject think of scams when they hear crypto. Everybody here knows there's bitcoin and there are altcoins but they're all cryptocurrencies.
I've always seen crypto as an abbreviated form of cryptocurrency and nothing more, never related it to scams too.
The term on its own has no negative meaning. People will always make whatever meaning in whatever way they want. There are people whose brains just ring scam when they hear "bitcoin". Bitcoin is not at fault here but for those who have refused to understand what it is, the same applies to crypto.
Only people who are not enlightened on this subject think of scams when they hear crypto. Everybody here knows there's bitcoin and there are altcoins but they're all cryptocurrencies.
Anything that uses blockchain is crypto. So bitcoin is crypto!
crypto is more of a shortened word for all cryptocurrency
however some define individual coins differently
digital assets, digital commodities, tokens, coins, meme-stock, crap coins
deflationary currencies,
there is no law on how you define it, there is no law forcing everyone to call bitcoin a 'crypto'.
just use terms that describe them properly(good adjectives/nouns) and make the descriptor popular
however some define individual coins differently
digital assets, digital commodities, tokens, coins, meme-stock, crap coins
deflationary currencies,
there is no law on how you define it, there is no law forcing everyone to call bitcoin a 'crypto'.
just use terms that describe them properly(good adjectives/nouns) and make the descriptor popular
It's pretty interesting, OP!
As an ordinary member of the forum, I am of the opinion that there is no problem with using the term crypto. Because of this forum I think every member here is well aware of the difference between crypto and Bitcoin. That is, by comparing the two, one can recognize that Bitcoin is Bitcoin and Altcoin is Altcoin. So if someone uses the word crypto here, it does not mean scam, because the people of this forum know that all crypto is not a scam scheme, but the foundation of cryptocurrency is Bitcion, so Bitcion is also included in this cryptocurrency. If a person calls all cryptocurrency a scam, his claims will definitely be implied on Bitcoin, which is also a scam. but in fact it doesn't make sense to me.
So it is true that when people hear the name crypto, scams, shitcoin, or pump dump, they come to mind, but in fact it is not a cryptocurrency scam scheme, some things have been defamed by shitcoin and scam coins. And now this crypto word has become popular among people. Now it is difficult to understand these people.
As an ordinary member of the forum, I am of the opinion that there is no problem with using the term crypto. Because of this forum I think every member here is well aware of the difference between crypto and Bitcoin. That is, by comparing the two, one can recognize that Bitcoin is Bitcoin and Altcoin is Altcoin. So if someone uses the word crypto here, it does not mean scam, because the people of this forum know that all crypto is not a scam scheme, but the foundation of cryptocurrency is Bitcion, so Bitcion is also included in this cryptocurrency. If a person calls all cryptocurrency a scam, his claims will definitely be implied on Bitcoin, which is also a scam. but in fact it doesn't make sense to me.
So it is true that when people hear the name crypto, scams, shitcoin, or pump dump, they come to mind, but in fact it is not a cryptocurrency scam scheme, some things have been defamed by shitcoin and scam coins. And now this crypto word has become popular among people. Now it is difficult to understand these people.
I feel the same, although not as strongly about crypto as I don't associate it with scams, but when I hear the term all I can think of is shitcoins.
I used to refer to the whole industry as crypto space, but the longer I remain a bitcoin holder the more I want people to dissociate it from bitcoin.
Cryptocurrencies - sounds fine.
Crypto - sounds like NFTs, shitcoins and scam coins.
Unfortunately we have no influence on how other people refer to this market, and since many of them have no idea about what they are talking about, it is natural they mix all kind of terms, to me bitcoin is bitcoin, and whenever I want to address it I do so by its name and avoid doing so indirectly, so when I hear the term crypto I think about cryptography and not cryptocurrencies, so I will admit that when I hear someone using that term when referring to cryptocurrencies, I need to take a pause to understand what they really mean. I used to refer to the whole industry as crypto space, but the longer I remain a bitcoin holder the more I want people to dissociate it from bitcoin.
Cryptocurrencies - sounds fine.
Crypto - sounds like NFTs, shitcoins and scam coins.
Sympathize with the OP's personal issue, but really to me it doesn't make much of a difference because it's simply a term to use as a means of communication. I also use "crypto" often and it wasn't until you mentioned this that I thought a little more, and asked the question "Does it make us unhappy?"
So sometimes in life there are many things that come from a personal point of view and create discussion (debate), but in essence, it is similar to how they call A, B, C.
. Simplify your thoughts and don't make them complicated.
So sometimes in life there are many things that come from a personal point of view and create discussion (debate), but in essence, it is similar to how they call A, B, C.
. Simplify your thoughts and don't make them complicated. hero member
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You have just explain the fact about that word "crypto", but truth is that that word as stuck to the hearts of a majority of individuals in the blockchain space. As a matter of fact, most people have even mistaken the alt coins for Bitcoin, and they now generally refer to Bitcoin as crypto. It is now like the saying, "If you can't beat them, you join them." Despite saying that, I still hate it when some people don't spell out Bitcoin when making reference to it but rather say crypto.
Hmm, whether you like it or not it is a fact that most people do use it in flow, I would agree with most of the points you've mentioned that yup there's a dark reality behind this term but buddy every image possesses the dark and light spots, and it's up to you that what you discover in the first look.
Anyway, the things are described in the figures haha and where is figure 1.1, it seems like you've copied some of the stuff it's just my blind attack, you should explain it a little bit bro. Bitcoin is Bitcoin and Crypto is Crypto haha initially wanted to comment a joke but I cant firstly I want to know about he figure haha.
Anyway, the things are described in the figures haha and where is figure 1.1, it seems like you've copied some of the stuff it's just my blind attack, you should explain it a little bit bro. Bitcoin is Bitcoin and Crypto is Crypto haha initially wanted to comment a joke but I cant firstly I want to know about he figure haha.
I feel the same, although not as strongly about crypto as I don't associate it with scams, but when I hear the term all I can think of is shitcoins.
I used to refer to the whole industry as crypto space, but the longer I remain a bitcoin holder the more I want people to dissociate it from bitcoin.
Cryptocurrencies - sounds fine.
Crypto - sounds like NFTs, shitcoins and scam coins.
I used to refer to the whole industry as crypto space, but the longer I remain a bitcoin holder the more I want people to dissociate it from bitcoin.
Cryptocurrencies - sounds fine.
Crypto - sounds like NFTs, shitcoins and scam coins.
BTC> I don’t like the term “crypto” …Not only because it distorts the field of cryptography, but it is also very much related to scam schemes, perpetrated by individuals who have 70% pre-mined coins, create pseudo-decentralized systems, and register trademarks, among other tactics…
This is so true. Crypto for the uninformed, uneducated is synonymous with scams. Plenty people in my community have fallen prey to different forms of crypto scams and it is the reason why bitcoin education and awareness was met with a hostile attitude and mindset when it was introduced to them.
It took a lot of effort to make them see that bitcoin is not crypto and it is not a scam.
Even the government didn't help in no small way, with their outright ban on "crypto" transactions because for them, it facilitated lots of scams. However, the situation has improved and people know better to differentiated the two. And yes, I am with you on not liking the term "crypto".
To a layman in the community where I live, they unfortunately attributes crypto to scam, maybe because of the tales of shitcoins that they've heard how it ruined people's capitals, and they'll put Bitcoin in that category because they're all cryptocurrencies. I wish that we can differentiate Bitcoin from the many scam projects because they're all called cryptos, just like we that are into the space differentiates Bitcoin, by calling others altcoins. I guess that the name "crypto" has come to stay, so we'll just have to tell the few people who cares to know about the difference between Bitcoin and the rest.
That’s why my mantra is “Bitcoin NOT Crypto”..
BTC>
If Bitcoin is referred to as crypto, it is not surprising that some people equate all types of crypto in the crypto space as the same. If one of the cryptos is invested and the person is deceived, then Bitcoin will be included in that section. Obviously that is not true because Bitcoin (BTC) is not a scam coin.
That’s why my mantra is “Bitcoin NOT Crypto”..
BTC>
Even those that invest in those cryptos already know that those kind of investment is for a temporary bases and that's why whenever they are in slight profit, they shift it all into Bitcoin which serves as a long term investment medium. Even when we talk about the issue of adoption, it sucks to even make use of the word crypto adoption, in place of Bitcoin adoption and I doubt if there is anything as that. What's real big deal is Bitcoin and any other shit out there is just deriving her relivance from the crumbs that falls off the table of Bitcoin.
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