People become susceptible to scams and get-rich-quick schemes because of desperation or sometimes greed. But really it's desperation. The economic circumstances

People become susceptible to scams and get-rich-quick schemes because of desperation or sometimes greed. But really it's desperation. The economic circumstances of many people is that they're living paycheck-to-paycheck and/or are drowning under a mountain of debt. They're often also beholden to the whims of landlords. People see no way out. This is really just the latest iteration of paycheck cashing, 1-800 personal loan lenders and the like. Sure, Coinbase shouldn't target such people. This requires government intervention (for all the libertarians out there). Ultimately though we're treating symptoms. The problem is capitalism. The unquenchable desire for ever-great profits leads to extracting every ounce of value from people so Jeff Bezos can have $200 billion instead of $100 billion.