Quote from: Dr.Bitcoin_Strange on September 05, 2024, 08:57:48 PM

There's no body that is going to blame the social media for the ignorance and greed of anyone that has fall victim to scammers. The truth is that "nothing is perfect," Like @EarnOnVictor has said. Anything that has advantage also has its disadvantage, the social media have been used to promote so many altcoin project and I am quite sure that through some social media platform, many people have tried to talk their friends into investing in Bitcoin via their chats on those social account.

Social media amongst other digital media platforms are advanced communication tools that have been created to purposely aide individuals from interacting with one another in order to solve their day to day activities and problems. It is a medium that has come to ease as well as bridge the communication gap between people and help them network through the internet.

If this is the role social media plays in the crypto world then one will be making a uninformed mistake to just go ahead and criticize the social media platforms. Rather what they would have done is to firstly critize the individuals out there with ulterior motives trying to truncate the peaceful transmission of information and communication within the cryptocurrencies space.

Most of these scammers are thieves in real life who are not able to steal physically. It is those individuals that are wrongly using the platform that create such image. So, it is good for the victims to understand this part and instead of doing the blame game, should learn harder on how to identify such crooks and shield themselves against their gimmicks and tricks.

Quote from: Dr.Bitcoin_Strange on Today at 05:09:54 PM

That's right, many people have been able learn about crypto via the social media and so many people have also been scammed via the social media. I remember some years back, the Twitter account of prominent user was hacked and the hacker managed to steal lots of money from the followers of the victim's account and how he was able to steal from the follower is because he introduced a crypto investment scheme to them.

The truth is, while it will be completely untrue to say, cryptocurrencies cannot exist without the social media platforms, it is still very important to mention the impact of the social media as a platform to the cryptocurrency. Without social media platforms, cryptocurrency would not have seen the massive growth it's recorded thus far. Today, we have seen how crypto airdrops have indirectly become like a campaign style to create awareness of people over the digital currency is unprecedented. Without social media platforms, this success won't be recorded within this short period of time .