Re:Crypto leads to surge in online scams
by lm28469 on Thursday January 27, 2022 @05:11PM
(#30107591)
> appeal to those that have a vague idea of what their money is most-physically represented by?
It attracts people who want to make money easily. A crazy amount of people who have no idea about the tech aspect of crypto are "investing" and active in crypto social groups. Just go on the major subreddits and read a few threads, it won't take long to see that a very large portion of them are kids/teenagers who invested a few hundreds or less in the hope of a 1000x pump, these are the people who get scammed.
Everyone says they're here for "the project", "the future of currencies", &c. most of them are here to make a quick buck
It attracts people who want to make money easily. A crazy amount of people who have no idea about the tech aspect of crypto are "investing" and active in crypto social groups. Just go on the major subreddits and read a few threads, it won't take long to see that a very large portion of them are kids/teenagers who invested a few hundreds or less in the hope of a 1000x pump, these are the people who get scammed.
Everyone says they're here for "the project", "the future of currencies", &c. most of them are here to make a quick buck