I don't see anything wrong in creating something new even if it is not working right now at at best, at least people progressing, you would never have any crypto if somebody would not create something new like "Bitcoin"
those who just follow blockchain tech they are just followers (easy life just add something extra and scream MY COIN IS THE BEST)
Iota is something totally new and only idiots can demand from iota to be perfect from the very begining!
Its not perfect but everyday it gets stronger and stronger,
if you think iota is terrible why you even care about it, it will die soon maybe tomorow?, after tomorew? next week? why you even bother ? You care about everything what is terrible from your point of view? okay just go outside find some "dog shit" on the street sit down and talk about it for hours, should be same satisfaction ?! I don't think that is the case...
Most probably you don't think that iota so terrible and you see some very good percentage that it could possibly succeed in the future in that case i understand why suporters of other altcoins puts so much effort to scam about it...