So many scams related to crypto

[achiever2011]

Earlier there were hacks, people using it for wrong purposes and now there is tax evasion with NFTs. Is crypto doing more bad than good ?

 

[MisterF]

Earlier there were hacks, people using it for wrong purposes and now there is tax evasion with NFTs. Is crypto doing more bad than good ?

The Bad;
While ever there are greedy people out there thinking they're getting a 'bargain' then crypto will always be used by scammers.

There have been dozens of times on here where people have hacked accounts, offered something for a crazy low price, taken crypto then vanished.

The Good;
The good with crypto is that it opens up to more buyers. So people who buy and make a good profit often buy goods from their profits. Also it means people who cannot get bank cards, or PP etc can buy online.

 

[BrandingCat]

Earlier there were hacks, people using it for wrong purposes and now there is tax evasion with NFTs. Is crypto doing more bad than good ?

Not sure for how long are you active in internet marketing, but in the early 2000s was the same instability. Bad news will always spread faster than the good ones, it's your personal duty to DYOR. I was a hater of crypto till late, but this is the most disruptive technology that exists once you look deeper.

When eBay was starting, there were also hundreds of other companies which pop up like mushrooms, and all die, because they do not think in long term, neither adapt to the changes.

You must embrace it, or remain behind. This is not a market opportunity, it's a life-changing one, for all of us.

 

[achiever2011]

The Bad;
While ever there are greedy people out there thinking they're getting a 'bargain' then crypto will always be used by scammers.

There have been dozens of times on here where people have hacked accounts, offered something for a crazy low price, taken crypto then vanished.

The Good;
The good with crypto is that it opens up to more buyers. So people who buy and make a good profit often buy goods from their profits. Also it means people who cannot get bank cards, or PP etc can buy online.

If one does not has bank, how can he use crypto. There is need to fund in order to purchase for further trading.

 

[youtubeviewapp]

Earlier there were hacks, people using it for wrong purposes and now there is tax evasion with NFTs. Is crypto doing more bad than good ?

There are way more way to do tax evasion. If things done intelligently, you can do Tax avoidance. I think scamming is the worst part of crypto.

 

[Windnfire]

Earlier there were hacks, people using it for wrong purposes and now there is tax evasion with NFTs. Is crypto doing more bad than good ?

In my opinion NFT market is undervalued as the real value is the unique address of every masterpiece that can't be refute.

You should to look deeper of all this bad news and look into the crypto future

 

[roydan]

It's the same as it were with credit cards when they were launched. Tons of scams.
This is a new thing, and it's going to be safe only when people will understand that they are responsible for keeping it safe. BYOB.

 

[IM Dude]

Honestly fiat there are more scam with fiat currency then crypto. Crypto needs a certain amount of crypto education to be crypto wise unlike fiat, but it's getting better.

 

[k2h2]

In my opinion NFT market is undervalued as the real value is the unique address of every masterpiece that can't be refute.

You should to look deeper of all this bad news and look into the crypto future

Nft is useless. It will completely die on few months.

 

[Windnfire]

Nft is useless. It will completely die on few months.

It's quite new market to die in a few month) But get back to it in a year, ok ?

 

[onlinemarketer12]

Honestly fiat there are more scam with fiat currency then crypto. Crypto needs a certain amount of crypto education to be crypto wise unlike fiat, but it's getting better.

There is police for fiat related scams but very hard to get legal help in crypto scam.

 

[achiever2011]

Honestly fiat there are more scam with fiat currency then crypto. Crypto needs a certain amount of crypto education to be crypto wise unlike fiat, but it's getting better.

Yes , whenever there is money people become corrupt.

 

[achiever2011]

Crypto is doing good just like some other processor, getting scam with it is easier and popular now due to the recent crypto outbreak.

Will the situation improve in future ?

 

[Chris Newman]

If you understand blockchain's benefits and it's real world incredible solutions, then everything built upon blockchain (crypto, etc) are a blessing and will benefit the world in the near future.

 

[xSpooky21]

here in Ukraine they still will not decide how else it is possible to take money from people just like that - they will come up with everything and come up with