"Reports show scammers cashing in on crypto craze"

https://www.ftc.gov/news-events/data-visualizations/data-spo...

Okay?

"In 2018, $24.26 Billion was lost due to payment card fraud worldwide"

https://shiftprocessing.com/credit-card-fraud-statistics/

24 billions of which turnover?

"Since the start of 2021, more than 46,000 people have reported losing over $1 billion in crypto to scams – that’s about one out of every four dollars reported lost, more than any other payment method."

Not to mention "Because of federal law & issuer card network terms and policies, consumers are shielded from the cost of unauthorized purchases made with their cards."

That's not the case with crypto currencies

What are the use cases for these buzzwords? I've been waiting a decade for solid models to emerge.

They're companies, just like any other tech startup with a name. Google can be of assistance to you. I'm not performing due diligence for anyone. You'll see.

I wasn't asking for DD, but for you to complete your thought.

Scams aren't limited to cryptocurrency. There are actual businesses that are providing the real-world utility with the assistance of cryptocurrency. Take, for example, Helium Network. Helium has scaled the most ubiquitous IoT network on Earth with a revolutionary business model that incentivizes users to set up IoT hotspots and soon other wireless protocols like 5G, Wi-Fi 6, VPN, and more, with cryptocurrency incentivization and a Proof-of-Coverage mechanism. This new business model to scale infrastructure is here to stay.

https://explorer.helium.com/

https://about.dish.com/2021-10-26-DISH-Partners-with-Helium-...

https://blog.helium.com/san-jos%C3%A9-first-city-to-launch-i...

https://senetco.com/about/news/senet-and-helium-announce-lor...

https://blog.helium.com/helium-chapter-2-a-network-of-networ...

You can believe it or not. But businesses like Helium are positioned for success and sustainability and are here to stay.

Edit: Hacker News is telling me I'm posting too fast. Here are some more resources:

https://www.helium.com/enterprise

https://www.helium.com/chapter2

https://multicoin.capital/2021/03/17/the-helium-flywheel/

http://whitepaper.helium.com/

Here are some excellent resources if you want to learn more about the network, its future goals, and its economic model. The white paper is also a good read.

Ultimately, will Helium succeed? I don't know. But what I do know is that it is positioned for longevity. And like any ultra fast-growing startup, it is working through the kinks of scaling right now. In my opinion, Helium is as sure of a bet within the blockchain/crypto/decentralized wireless space as there is and will benefit all stakeholders, users, and enterprises alike. I don't work for Helium. However, I have been involved with the project for almost three years. It's been gratifying to me monetarily (on paper) and through a lens of my providing service and value to others, while building out the largest contiguous wireless network on Earth.

https://a16z.com/2021/08/10/investing-in-helium/

https://www.crunchbase.com/organization/helium-systems-inc

Helium website has nice design. Unfortunately, it forced me to scroll up, down, and all around to piece together the clues and figure out what it even is. I am still trying to work out why I would want one, or what I would do with all that earned $HNT.

Cool well nobody knows what the hell those are because your whole "industry" is rife with fraud and schemes.

Nice quotation marks. You'll get left behind with generalizations like that.

https://cointelegraph.com/news/netscape-creator-says-web3-re...

Left behind? Just to be clear - you're saying I won't make as much money as you or others who believe in all this craziness?

Does that sound at all equitable to you? Or does it sound like a greater fool's scam?