Hacker News Reader

This doesn't really matter since retail is the biggest loser of all of them, which makes my point that crypto is scam more clearer.

We both know that web3 is a space filled by VCs anyway and are always dumped on retail traders and the average person.

So yes it is a scam.

So startups are a scam too? Certainly the public is going to lose money with crowdfunding sites like WeFunder.

Have you considered that retail wants to take risks?

Have you considered that crypto is not regulated?

If you see a startup that has taken VC money (especially if it is crypto) it's pretty much a complete scam that you should stay away from.

Regulation only means disclosures. It's just as easy to lose money. Most startups fail.