Crypto leads to surge in online scams

Re:Crypto leads to surge in online scams by ravenstine on Thursday January 27, 2022 @04:59PM (#30107399)

How so many people overlook this, I'm surprised by. Everyone at every level has been distracted by cryptocurrency being either a way to make money or an investment scheme. It'd be nice if it could be those things, but there are already other systems of actual investment. On the other hand, cryptocurrency, whether or not you hate them for their energy consumption, provide a means of independent economies being created outside of whatever regimes are in control. But that's boring.

Then again, hopefully we'll never need to see a future where everyone values the decentralized nature of crypto more than its monetary value at any given moment. If that happens, it might be under a regime where sneezing in public or looking in the wrong direction would lose you enough social credit that your bank account gets terminated.

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Re:Crypto leads to surge in online scams by leetcodesucks on Thursday January 27, 2022 @07:11PM (#30108956)

Er all your transactions are tracked. They want to get rid of cash and they need people to want the technology that enables that. A couple of mining operators control the network and they just need to operate as one to do whatever they want with it. The lizards in charge of fiat probably own those mining companies. All transactions are tracked did I Mention. So everything you do is tracked. Read that again and think about how cash == freedom ... and crypto == total enslavement

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Re:Crypto leads to surge in online scams by robot_no_419 on Thursday January 27, 2022 @07:16PM (#30109002)

Monero, Dash, Zcash, Beam Grin, are all completely private and anonymous. Nobody can see you using those blockchains.

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