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I think education is the key here. Scams will always be there just as they are with fiat money. Crypto makes it easier for scammers, sure, but regulation can on
by can16358p 5y ago
I think education is the key here. Scams will always be there just as they are with fiat money. Crypto makes it easier for scammers, sure, but regulation can only make it a bit harder.
The only way to stop getting caught in schemes is to be educated about how crypto and economics work in the first place.
I'm not talking about EVM-bytecode level or keccak256 implementations of course, but a general understanding of what is what.
- masa331 5y agoHow do you want to educate people about crypto if it's still very hard to educate them about normal money? Crypto is not going to work in the sense the original authors envisioned it. It is trying to solve social problems with very poor technology. Social problems you want to be solving differently to be successful