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This is logically incoherent. It would only be true if you chose a token completely at random instead of choosing a widely-used token you wanted to use. Remind
by throwup 4y ago
This is logically incoherent. It would only be true if you chose a token completely at random instead of choosing a widely-used token you wanted to use.
Reminds me of "it either works or it doesn't, so there's a 50/50 chance"
- socialismisok 4y agoTrusting all individuals to make safe decisions in a marketplace flooded with scams is just not scalable. You cannot educate every user in how to identify a scam. And excluding users who haven't gone through that education hardly seems like the democratization of finance that these services advertise.
- eswat 4y agoIf we’re talking about Uniswap specifically, it actually does a decent job of adding guardrails (only listing curated tokens from the Token Lists standard) and warning about unsafe actions (confirmation prompts when you are adding an unlisted token to swap). So uneducated users would really have to go out of their way to get scammed through there. Like having to go out of their way to follow up on a solicitation from something caught in a Gmail spam filter.
- runnerup 4y agoAs much as If genuinely like a marketplace for shitcoin/scamcoins that I can gamble on and hope to beat the exit dump crash, I admit that uneducated consumers protections probably should trump my desires to participate in this gambles.