Q. # Do you subconsciously think that anything related with crypto at this stage is a fraud/scam?

# Do you subconsciously think that anything related with crypto at this stage is a fraud/scam?


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28

Apr, 2018

  • jefryfam

    not all related to crypto are scam actually, the scam comes from individuals or the company itself which invented certain products or services or mechanism to be sell of to community with high profit in short time


       

    answered by

      0.91 q
  • chris

    Nope I don’t think all are scams but you need to do your own research about every project. Which is totally normal. People are so easily blinded but false promises and quick money that they don’t take the time to search what they are about to invest in or buy, and that’s only their fault if they got scammed (in the vast majority of cases).


       

    answered by

      18.78 q
  • fernie305

    Fraudulent schemes take advantage of what is a trend. Crypto is and it is normal for people to have scam reflex. In this world full of tricksters and opportunists, it is of great importance to be vigilant. Scams are everywhere but it is good to believe trustworthy sites and people. Just in case I want to trust, I think that it is better to check the credibility beforehand before taking part.


       

    answered by

      70.36 q

Asked in Category

Cryptocurrency

Cryptocurrency is a secure, trustful and transparent digital currency which can neither be counterfeited nor be reversed arbitrarily by the sender. It eliminates the necessity of a third party involvement for the exchange, as it is encrypted and peer-to-peer virtual currency. For those who prefer non-disclosure and privacy, cryptocurrency is the solution. The use of this kind of virtual currency prevents any kind of identity theft. The concept of cryptocurrency has given birth to reliable e-cash.

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