Does IMDA think that crypto is a scam?

MFW people say crypto is a scam.

IMDA would like to disagree with you and offer hundreds of thousands of dollars for winning blockchain ideas.
Here’s the PDF factsheet which is more detailed.
Got a good idea? Toss it to them and make it to get $50k or $100k.
Here I am spreading the good word about crypto and people look at me like I’m the crazy one.
I personally find it amusing how the MAS Managing Director spoke about Gresham’s Law during his speech last month. That does explain a lot why people hoard the most valuable cryptos instead of spending them, doesn’t it? Hehe.
People ask me, is crypto a scam?
I’m not sure. What do you think?

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