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This article is yet another amazing illustration of why that's definitely two features you want from something that's intended to be used as a currency.
I never understand, why people who already have money, want to have more. Personally, I keep my money at the bank, for days when I will have to spend it (Buying things, going on holidays, etc)
There's something interesting to it. As if we as a society allow (or condemn less) preying on the "weak" and uninformed
Assuming you have a defective moral compass, is there any reason to not run this scam. Easiest $ ever. Twitter nor law enforcement can do anything. The same guys doing it over and over. You can run this scam and make an easy $50-200k with some twitter posts and then use the $ to pay off the mortgage or student loans, or take a cruise, buy a luxury car or whatever. no one would know if you mix the coins before cashing…
https://arstechnica.com/tech-policy/2021/03/i-was-a-teenage-...
Granted this case was much more high profile though.
I don’t understand how you can be tech savvy enough to send and (not?) receive Bitcoin but stupid enough to fall for this... EDIT: Thinking about it, it's technically difficult see the difference between Bitcoin (which will continue to be worth more) and other get rich quick schemes that may not have the same chance of success and directly being conned for money by people.
> the website promised participants that they could double their money. I fell for that, once, when I was 8, with virtual money, playing an online game. How can an adult be this gullible...
> Sebastian double-checked the verification logo next to Elon Musk's name, and then tried to decide whether to send five or 10 Bitcoin. This is a vulnerability in Twitter's verification policy that Twitter refuses to fix. Originally, verification was supposed to mean "this person is who they say they are". But once an account is verified, you can change the name/profile picture to someone else. So hackers get access…
In other words I want to know if this is Bill Evans the pianist, not Bill Evans the saxophonist or any other Bill Evans who is not even a musician or someone pretending to be one of them. Can social networks solve this? (I know, Bill Evans the pianist died a long time ago. Big fan of him)
How can someone be smart enough to earn that kind of money, but stupid enough to fall for this hilariously obvious scam?
It is not.
I don’t understand how you can be tech savvy enough to send and (not?) receive Bitcoin but stupid enough to fall for this... EDIT: Thinking about it, it's technically difficult see the difference between Bitcoin (which will continue to be worth more) and other get rich quick schemes that may not have the same chance of success and directly being conned for money by people.
And the type that got rich off BitCoin are way bigger risk-takers than average - I was offered to "get in" on BitCoin at 1000 dollars and I thought it too risky, my former coworker who did and got rich is very much an adrenaline junkie (but didn't fall for this scam fortunately).