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I believe this misunderstanding "crypto is same as Bitcoin" is breaking down and will be junk very soon.
I've and many others have seen an era when MLM scams were at their prime in India. But scams as they were, they all died. Yes, still there are a few who keep popping up, but people now know and don't fall for them as easily as they used to.
I think the same is going to happen with the crypto complex.