Crypto Assets vs. Crypto Scams: Separating Fact from Fiction

Crypto assets like Bitcoin and Ethereum are often unfairly judged by the same standards as the scammers who misuse them.

The problem is that we confuse the asset with the activity. Cryptocurrency itself is just a tradeable asset, similar to gold or property, but done digitally.

We don't condemn shares or bonds because some investors lose money on them; we call it market risk. But when it comes to crypto, every scandal becomes an indictment of cryptocurrency itself, despite the fact that many legitimate uses exist.

For example, buying Bitcoin for $100,000 and losing money doesn't mean you were scammed, just a bad investment decision. A scam is something different, like telling someone to give you money with promises of guaranteed returns or creating a fake exchange to steal assets.