The way you see Cryptocurrency after multiple bear markets is a lens of everything being a scam

I got out before Celsius crashed. I also lost almost my entire life savings to Luna. I am still here. I bought Bitcoin at $15k five years ago and held.

I am finally in the green and up thousands. It makes me feel nothing.

I’m pretty sure at this point, a lot of alts are just gonna go into nothing this cycle. All I’ve learned from crypto is Bitcoin is King and every other crypto are basically scams or a joke that don’t have capped supplies.

Bitcoin is limited. All these other crypto’s are minted constantly equivalent to the US dollar at this point. Why do we as a community stand for that and allow it? Basically from what I’m understanding we as a community are okay with being scammed because of “freedom” in crypto, the whole industry is strange to me.

I’m all for AVAX and other crypto that have limited supplies, but I’m done with unlimited minting cryptocurrencies. I get that I have more understanding now of Crypto through the projects that I got screwed by, researched the project I am backing and pulled out of the ones which have minting rates of the millions each year.

Please explain to me how something like DOGE is being considered for the new peoples currency when it is the exact same thing as the US dollar, printed whenever wanted- just on the blockchain. it’s minted whenever they want constantly. just because it has Blockchain technology, that is a buzzword, and it has ELons backing, that’s why takes off. It’s more secure to our community but store of value has nothing or no difference to the dollar.

I think you are a cryptocurreny OG if you start seeing this entire industry as 90% rug pulls, scams, ways to lose your money entirely and then rest is waiting a decade to even get a slight return because of how bad it is.