Not sure why you are downvoted since here on HN, a bad egg soils the bunch. The logic with them is as follows with an example of a fallacy with cars and the environment:
'The majority of cars worldwide are not electric. They are all petrol and diesel cars. That means that ALL cars are bad for the environment and that will not change and thus should be all banned.'
Not all cryptocurrency projects are scams, just like not all cars are burning up the planet.
The absolutism towards whether if all cryptocurrency projects will go away due to a 'bUnCH OF Scam PrOjEctS' or 'it's ALl a scAm™' is just as silly as suggesting that all cryptocurrency projects are guaranteed to survive, 'becAuse iT is the FutURE, bRO™' or 'JUst WaiT fOr ThIs PrOJEct ReAL sooN™'.
I'll tell you that both extremes are incorrect. That is even before accounting for regulations getting involved.
'The majority of cars worldwide are not electric. They are all petrol and diesel cars. That means that ALL cars are bad for the environment and that will not change and thus should be all banned.'
Not all cryptocurrency projects are scams, just like not all cars are burning up the planet.
The absolutism towards whether if all cryptocurrency projects will go away due to a 'bUnCH OF Scam PrOjEctS' or 'it's ALl a scAm™' is just as silly as suggesting that all cryptocurrency projects are guaranteed to survive, 'becAuse iT is the FutURE, bRO™' or 'JUst WaiT fOr ThIs PrOJEct ReAL sooN™'.
I'll tell you that both extremes are incorrect. That is even before accounting for regulations getting involved.