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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