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Most of these projects are token sales and yes you can discount them as the technology is irrelevant to the scheme
Winners in an ICO utility token sale (a gift card sale, not equity/money only marketed as such). Coin FOUNDERS that get a starting stake. Early INVESTORS that get coins at a discount. INSIDER traders that know when the positive media or coin listing will happen. EXCHANGES that get paid to list and pump the coin. Loser. You the bag holder
But many times it's justified name calling. Because it's not the conspiracy in the theory that is the issue but the lack of evidence in proportion to the strength of their beliefs. And in place of evidence their is paranoia. The problem is conspiracies by their nature are very hard to prove so your evidence for them will likely be weak
Same as health care. Without regulations the industry would be full of snake oil. And yet the regulation kill innovation in the industry. Money all devolutes to scam. Look at digital money. Not even HN community can spot the "crypto" scams
You are simply raising the fundamental difficulty with blockchains. How do you know what is the true chain in an adversary environment (the internet)? You gave us the question and no answer
The law you are confusing this with was a different extradited law where the communist party wanting to extradite Hong Kong residence to mainland China where torture and slavery for political enemies of the Chinese Communist Party are completely uninhibited. And maybe the CCP would send a murderer to their enermy the Republic of China, or that was irrelevant.
"Thank you for reaching out to us. We have found your item to be compliant with all our policies. So, we have approved your latest submission. It will be available in the Chrome Web Store shortly."