Yes this does reflect what I've been hearing. I've yet to do any serious business with any form of crypto. This doesn't make me feel any better about using crypto. I inherently do not trust computers and crypto and only have a very small amount of it collected from working on Steemit. I do not know when if ever I will use crypto, but I'm at least making a small start in the area of it. Computers can be hacked, laws can be passed, power can go out, there's so much they don't tell us, but probably the worst is the scams. The crypto world is rife with crime and people looking to make easy money on the unsuspecting unknowledgeable. I'm waiting, which probably isn't the greatest plan, but waiting to see where things land. It seems it's a free for all, the old west, chaos. If scammers can get my money then there's no difference in crypto than carrying around a credit card or cash.