Absolutely. The amount of posts I see on r/cc about Eth or matic or sol or some other shitcoin... I don't think people really understand the difference between BTC and the other shit that calls themselves cryptocurrencies.

Public_N_M_E

bitcoin

Reddit F'd up and why it's a great lesson on bitcoins safety.

The right lesson here is that moons where essentially unregistered securities (hence why they where citing regulatory compliance).

The wrong lesson is that all of crypto including Bitcoin falls into the same bucket.

It's good to see many comments understanding the difference but I suspect there's also many people that still don't understand the difference including the mainstream media.