- Apr 10, 2020
- 3,303
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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 ?
So many scams related to crypto
- Thread starter achiever2011
- Start date
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
Elite Member
- Jan 6, 2015
- 8,119
- 10,311
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.
- Apr 10, 2020
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If one does not has bank, how can he use crypto. There is need to fund in order to purchase for further trading.
youtubeviewapp
Newbie
- Jun 2, 2019
- 49
- 13
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
Regular Member
- Jun 17, 2021
- 238
- 110
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.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
Windnfire
Regular Member
- Jun 17, 2021
- 238
- 110
- Nov 22, 2019
- 6,959
- 1,681
There is police for fiat related scams but very hard to get legal help in crypto scam.
- Apr 10, 2020
- 3,303
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Yes , whenever there is money people become corrupt.
- Apr 10, 2020
- 3,303
- 866
Will the situation improve in future ?
Chris Newman
BANNED
- Oct 13, 2018
- 6,868
- 6,032
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.
