Quote from: HODLN on March 23, 2022, 03:27:12 AM

The ideal conditions of freedoms for the user will always extent its freedom to a bad actor. When you are free from the control of a centralized authority, you are not only free from its interruption but also from its mercy.

You are right, but humans tend to focus on the demerits more often. Hence the growing statement of being resistant to the regulation of bitcoin transactions, although that might curb down much of the scams going on.

Quote from: Assmosis on March 24, 2022, 05:33:38 AM

It’s unfortunate that people are losing their money to crypto scams. But somewhere, they are also a reason for these scams. In spite of knowing that there is no easy way to make money, many people take shortcuts and end up getting scammed.

Taking shortcuts in trying to make money is one factor, some people are just no well informed and they think crypto is like some magic thing, where you can make money from thin air, added to this old-age and low tech knowledge and you have a perfect victim for scam. We need to make people aware and cunning enough to avoid these scams.

If you see a family member getting interested in crypto, make sure you talk to them in a reassuring manner and teach them the basics about how scams might work.