Post
Topic
Board Economics
Re: Crypto Scams are a global issue
by
ReiMomo
on 05/11/2019, 13:38:17 UTC
If you look at any payment mechanism which is online and uses phones and internet, the scam rates are pretty high. Because it is easier to get into a device through Trojans or phishing sites and hack a system. Also, it is easier to manipulate people on internet into giving details as digital literacy is there but that efficiently. The situation is worse in crypto because it is more complex and requires understanding of wallets, exchanges and keys which is tough to understand. Moreover, there is no central authority to look after the crimes. This increases the problem.
Many complain about the high level of scams going on in the market but the same is happening with credit cards, hackers are taking advantage of the lack of culture when it comes to online security and they are making themselves rich in this way.
Absolutely! There are many scammers and hackers right now all over the globe especially here in the crypto world as long as related to the internet and it is a very big problem so all I can suggest is that you must need to be careful. You must only access the trusted sites and don't you even enter untrusted sites to avoid being hacked and scam. So, at least we know that it's a part of our responsibility to be careful our assets into safe. Bad people always wanted an easy money and fool naive people.