Then don't buy it. If it's a scam it will go to zero and be forgotten as it does not have any fundamental value, as you say. If it does have fundamental value, then it's not a scam. What a stupid hyperbole.
What's the point of making yet another article blasting it with the same old tired arguments that have been continuously repeated ad nauseam for the last 12 years or so? I'm honestly surprised the article does not link to the Line Goes Up youtube video...
Oh dear lord I just had a look at the rest of his blog.
This guy has an unhealthy obsession against crypto, and paired with https://news.ycombinator.com/context?id=34693042 I'd say it's either sour grapes or has some kind of agenda, even if it's a personal vendetta.
In any case he's not even worth the bytes used to receive the webpage.
It's weird. As I noted in another comment, he's extremely vocal against crypto... yet he worked on it and apparently got destroyed by it. It's not savior complex, it's just sour grapes.
What's the point of making yet another article blasting it with the same old tired arguments that have been continuously repeated ad nauseam for the last 12 years or so? I'm honestly surprised the article does not link to the Line Goes Up youtube video...