The idea behind this stuff is that Bitcoiners don't gain anything by correcting these lies, but if they keep lying continually they'll pick up some suckers to buy their bags particularly since no one is going to bother expending much effort correcting any of it.
100% true. The other side is that if the suckers didn't buy the Ver coin or any of the other ones they would be buying some other shit coin like XMR or XRP or XAP or whatever.
Greed will always overcome logic and people who only want the fast $ will always gravitate to the next big thing.
The scammers will keep taking their $ and then the next bag of suckers will come along.
Or, to put it another way there are people who see ads on TV about buying gold and happily buy what they saw at a massive premium over what they could have gone down to their local shop and bought the same thing for. Because some celebrity told them to.
If theymos wants to leave the forum open to alts and all the other crap then that is what we are going to get.
OTOH, if it is stopped here it just means it will take place elsewhere.
-Dave
There is nothing wrong with investing in established alts especially the ones like XMR. Since you mentioned it, XMR provides complete privacy which BTC lacks. Many people who own bitcoin also do own some alts. There is no need to demonize alts completely. If some other alt provides a better tech than btc, does something better than btc, then it has a legitimate reason to exist.
The main problem here is that RV promoted BCH as it was the real bitcoin which is obviously a big lie.
No other alt did that. I am not sure but I don’t think even BSV went that low. They did a lot of satoshi’s real vision stuff though.
