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The simpler answer is that counting on the other party to do right when you have absolute information asymmetry has always been a sucker's game. Yes, this time
by dictum 9y ago
The simpler answer is that counting on the other party to do right when you have absolute information asymmetry has always been a sucker's game.
Yes, this time it may be different. But even the classic Nigerian scam is based on the premise that you cannot verify the claims – you cannot involve the government, the police or any other third-party, you just have to trust the relative of the disgraced kleptocrat to receive your millions.
- arisAlexis 9y agocomparing the biggest crypto exchange by volume to a nigerian scam is kind of extreme imo. The tech is there and they have always delivered. Yes they don't have an audit and I hope they produce it but govs do crack down lately.
- arisAlexis 9y agoyou can even see the fanatism of downvotes to such a simple comment I made