Post
Topic
Board Economics
Re: Corrupt people in crypto
by
BRINIRHA
on 26/11/2022, 10:51:53 UTC
Corrupt people in crypto
I am not sure what means corrupt in this case. But if this is about what happened to some projects that you mentioned, this may not relate tot he corrupt. But this is more to the scams and fraud. But, whatever the term, those incidents really disappointed us. They were big projects with massive community and progress, but in fact, they could be crashed very easily. We may not expect that this will happen. But in fact, the competition in the business especially the crypto business is very hard. Each can make another to be crashed very easily. And the one with weakness can be crashed also very easily. That is why form this I am learning that we ca never trust anyone here. Just invest for our own investment to take or earn profits, not as loyal to certain altcoins or exchanges.
yes you are right. that's why we shouldn't trust any exchange. because the reality that we see now is so bitter. I'm also not sure that this is a corrupt matter. but what is clear is that they are the owners of the exchanges that are now falling, they are the ones who are misusing user funds. they violate the trust of the users who entrust their assets to the exchange. And the good thing is that now people have realized that we don't trust anyone but ourselves in this industry.