Will cryptoccurrency scams fade away with this new blockchain approach?

[LaZim]

Actually, the scammer is smarter than normal people. If people don't be more careful about their activity and can not control their greed then those types of scam activity will not be fade away. In most cases, people get scammed because of their greed. They got traped in scammers after they got high rewards to offer from scammers.

I would add that scammers in any industry develop faster than other people. They come up with new ways to cheat. If fewer people fall for the deception, they come up with another scheme. So there will always be scammers, the main thing is to always be careful.

[Riya143]

Blockchain technology has spread to marketplaces all over the world. A lot of things like that happen. I can say that the incident of scamming is normal. These will continue all over the world. Various plans are implemented around blockchain technology. I think a healthy solution is needed.

[gabriela1999]

Scams in crypto will continue to increase, because crypto is very young and there is no strict regulation to evaluate and control frauds.

[Vx1]

Scams in crypto will continue to increase, because crypto is very young and there is no strict regulation to evaluate and control frauds.

Agree with you, the Scammers will not disappear but there will be more and more. because the higher the popularity of Crypto, the greater the opportunity, Scammers certainly understand these conditions. We have to be more careful to avoid these scammers.

[Delgboke]

Cryptocurrency scam are in many forms and dimension so it may be impossible to fade away just like if nothing is done to monitor every cryptocurrency project that's been developed on daily bases, talking about cryptocurrency scam project can it be fade away have you seen many crypto platform that promoting some crypto airdrops, which I participated in some of the project there end of the day nothing come out of the cryptocurrency project.

[Senin]

I am quite sure that fraud will not disappear over time in this world of cryptocurrency, and indeed in our life, whatever we do. Fraudsters improve their craft along with the development of technology and technology. They have a good incentive, because very large amounts of money are accumulating in the cryptocurrency market. Therefore, fraud was, is and will be. Only the level of its distribution will change.

[tvplus006]

Fraud will not completely disappear, but if the cryptocurrency is legally regulated, scam will definitely decrease. But it will not be possible to fully regulate it by law, because there are various DEX.

[gabbie2010]

Fraud will not completely disappear, but if the cryptocurrency is legally regulated, scam will definitely decrease. But it will not be possible to fully regulate it by law, because there are various DEX.

I believed the purpose of establishing this type of forum and bitcointalk is to seek for more information on the genuinity of a particular cryptocurrency we want to invest on, the forum had helped a lot of investors to avoid investing on scam profits infact some those coins had been red flagged to prevent would-be investors to avoid them, however even with any latest blockchain technology scammers will always upgrade their skills to scam investors,

[dolcefarniente]

As long as money exists, there will be people who want not to earn it, but to take it away. And no blockchain can prevent this.

[gurunanakji777]

Most of us as bounty hunters or Investors are disappointed by the scams. Even we used to of it. Yes, there must be some system to avoid the scams so that one can not gather guts to scam easily investors and apart from this there should be some criteria need to follow to ensure security so that hackers also not easily access the data.

[Seerge]

Scams in Cryptocurrency will always be there, but maybe scammers will be more careful to make their plans work. Every time there is money collected, the fraudsters will keep looking for ways how they can get it by stealing or whatever

[Alcor]

Cryptocurrency is still an ideal place for scammers. Here you do not need to name your identity, the cryptocurrency has a high degree of anonymity and confidentiality, most states have not yet decided whether to legalize it and under what conditions, which means that law enforcement agencies are forced to remain inactive for now. In addition, it is very difficult even to establish the place of the crime, since the fraudster can be located in any country and anywhere in the world where there is an Internet connection.
Fraud in this area will decrease if states legalize cryptocurrency, but it will always attract fraudsters under any circumstances.

[Jaephoenix]

I think Concordium's approach of linking the wallets offline to an individual is quite commendable however there is a catch. Criminals can tag an innocent person, just like stealing an identity in credit card scams. I think they should get better alternatives

[Gyrgen]

I don’t think it will help solve this problem globally. It all comes down to the human factor, a stereotype has developed around cryptocurrency that this is easy money. This is what scammers rely on, human stupidity and greed. And this cannot be limited or regulated in any way.

[Fenix]

Regulation of the cryptocurrency market by states can partially help solve the problem of fraud in this industry, but there will always be fraud in this market. Cryptocurrency is a very tasty morsel for all sorts of scammers, since here a high degree of anonymity is combined with the great possibilities of the Internet. You can be anywhere in the world and constantly migrate, which will be a significant obstacle for law enforcement.