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In exchange can we trust you to not scam those with little understanding of crypto?
by esalman 4y ago
In exchange can we trust you to not scam those with little understanding of crypto?
- monero-xmr 4y agoI have never scammed anyone. Just as there are scams in traditional finance (see Wolf of Wall Street, Nikola, Enron) there are scams in crypto. At this point far more in crypto however. I think people need to know that no one is going to help them - caveat emptor. If the goal of crypto is to rebuild finance, eliminating taxpayer funded bailouts is a top priority.
- esalman 4y agoNo one said these in any of the tens of crypto ads aired during superbowl.
- drdaeman 4y agoBecause ad industry is equally full of scam? I guess even someone with most hardcore anti-regulation views would most likely approve of (and quite likely, support) education, including being upfront about all the unsavvy bits and dangers.
- anonporridge 4y agoThat's because the non scammers don't have any incentive to run superbowl ads, because we're not running casinos. The information is freely available to anyone. Sadly, it's always hard to separate the signal from the noise, especially when the herd and the wolves arrive.
- everfree 4y agoThey should have. Want to help fund an ad to educate the public?
- esalman 4y agoNo. I pay taxes and it is government's job to stop scams at this scale. Whether the government works effectively or not is a different debate.