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sharperguytoday at 12:40 PM0 repliesview on HN

The existence of fraud, toxicity and misinformation around bitcoin doesn't necessarily mean that bitcoin itself is broken. It's a very poorly understood technology, centering around money that once spent cannot be reversed. It's natural that MANY people would come along and attempt to exploit that gap. Over time though the bag of tricks will start to wear a bit thin, and people will learn what to look for.

Many people in the bitcoin community have been and are still calling out wallets that rely on 3rd party trust, decentralized exchanges that are build on a house of cards, alternative coins that are created purely for the purpose of pump and dump etc.

Meanwhile the core technology progresses and deals with functioning at larger scales, with lower entry and exit friction, improved safety guarantees.