Post AVM9SGdsKoaxdzLWUq by lnxw37b2@shitposter.club
(DIR) More posts by lnxw37b2@shitposter.club
(DIR) Post #AVM92MhvA5ZevSt4pk by Hyolobrika@berserker.town
2023-05-05T20:42:46Z
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Why do people associate cryptocurrency with scams?How are they inherently more scammy than any other currency?
(DIR) Post #AVM9SGdsKoaxdzLWUq by lnxw37b2@shitposter.club
2023-05-05T20:47:30.733543Z
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@Hyolobrika No. People scam where they think they'll make the most money. It is unfortunate that many of them currently think cryptocurrencies is that place. As rising interest rates make more bank topple, I think we'll see that there was a lot of it going on inside the conventional fiat financial system.
(DIR) Post #AVMAAUxsRdqKo3nDMG by dookie@toot.dummy.cafe
2023-05-05T20:55:29Z
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@Hyolobrika twitter and reddit dogpiling. so many people absorb their opinions from whatever some idiot online says.
(DIR) Post #AVMCFQlBhlaV7dKxQO by ZeoZ@xmrposter.club
2023-05-05T21:18:41.652948Z
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@Hyolobrika with almost 99.9 of the projects being acctual scams and often getting ruged from top to zero instantly and not slowly as with fiat, i dont wonder that they do.How many entering the space give a shit about the tech and how many dream to get rich fast?when i see which projects are hyped every altsseasson and the fundamentals behind them (if any) i imagine that the temtation to mint a shitty erc token or nft, washtrade it,shill it with 2-3 friends and selling it at crazy prices must be huge for many
(DIR) Post #AVMCj2h5kLELAbXbwO by silverpill@mitra.social
2023-05-05T21:21:19.809193Z
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@Hyolobrika Cryptocurrency space is indeed more scammy, because of a lower barrier to entry. Anyone can sell you a token and then disappear without a trace.Those who are invested in legacy system use this to discredit the entire idea of peer to peer money. That's why they are constantly talking about scams and even promote them (see FTX).