An interesting article about cryptocurrency scam
While reading some news and opinions in coindesk, i stumble upon a good article and would like to share it with the steemit community specially to those who are into bitcoin and alt coins.
Crying Wolf? Why You Can't Ignore Crypto 'Scam' Accusations
https://www.coindesk.com/crying-wolf-cant-ignore-crypto-scam-accusations
After reading this, what are your opinion about this?
Congratulations @rose2017! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPThe author states that fraud is a crime and this is true but it can only be considered "real" if the law can be enforced.
The crypto market is unregulated and if you report a fraud, illegal activity or anything shady - the authorities will laugh and you and say it's your fault for getting involved with an industry where we cannot enforce the law.
The only real hope that we can get the sleaze and crime out of the industry is to self-regulate and to do a much, much better job than we have been doing. (That means everyone: you and I and every real cryptohead doing their part to expose scams and educate newbies before they are faced with another scam).
There is also the fact that those who get scammed are, -inpart responsible. Much of the information about the scam is available on the internet and why aren't they doing their research? Why are they blinding trusting complete strangers?
Those who are against government regulations (which is the vast majority of us) will be the first to say, "They should've done some research." AND THIS is true BUT..... they also have a responsibility to put the information out there for the newbie to find.
So true... I hope that everyone try to research first...