81–90 of 108 posts
Earlier quoted context omitted.
Bring the scammer before a judge. The same as when anyone scams you out of cash or gemstones or electronics. "I put a ruby in a box and shipped it to Nigeria because an email told me to. How do I get it back?" It's not a new problem.
I think 100% irreversible purely online/digital transactions are a bit of a new problem? If you wire transferred money to a scammer's bank account it won't be easy getting it back, but if you realize your mistake soon enough you at least have a chance. For example, it's possible to to get the receiving bank to hold the money pending an investigation. With a crypto transfer there's no higher authority to appeal to. (w…
People intuitively understand that they shouldn't put a stack of twenties and hundreds in an envelope and hand it to a stranger in a ski mask who promises to pay it back with interest overnight.
But people have been taught that electronic money transfers are risk-free with chargebacks and insurance, so they think that if this is a scam, it'll be the bank's problem.
You wanted to be your own bank, guess who's problem it is now.
The real problem is that people don't understand that, so they do with their Bitcoin what they would never do with their jewelry.
A family member lost $3k to this. YouTube promoted a real looking interview with the founder of ETH, high production value, saying they will double your ETH etc. When most of of crypto users are poor and less educated they tend to be targeted…
Yeah like crypto or not, why would you be paid instantly for doing nothing ? $3k is a month or more of work for most people, did that person really believe the world lied to him and instead of working a month, he could "double" it immediately ?
I've reported these on YouTube yet they're still being recommended to me hours later. Clearly they're incapable of moderating their own platform. What's it going to take for them to start taking this seriously?
Genuine question: Does anyone here have a good sense of how easy/hard it is to moderate a platform like YouTube? My sense is that the answer is VERY HARD, so I tend to give them the benefit of the doubt when things go wrong. But perhaps I’m being too generous. Is this something that could be prevented if YouTube just tried harder?
But that brings obvious follow up question - should then such a big platform exist? IMO, even with all those problems - yes. Being able to easily share content with people around the world is and remove barriers for acquiring knowledge is a huge advancement. But I can totally see people disagree with that.
i haven't done my own analysis on this yet, but a lot of times the scammers will send funds to the scam accounts to make it look more legit. The elon musk youtube scammers are horrible people, but I'd be surprised if 200 million was the actual amount stolen
This seems like quite a low effort investigation that also just assumes all transactions are victims. My guess is that throughout the live stream they would have shills in the chat LARPING as genuine viewers sending their crypto and successfully receiving the reward, so a lot of the TXs would be from the scammers themselves used to fool other sheeple.
Earlier quoted context omitted.
>Ironically a smart contract is probably the safest way for a customer to engage in a doubling scam. Press F [0][1] to doubt. [0] https://arstechnica.com/information-technology/2021/12/hacke... [1] https://www.zdnet.com/article/poly-network-hackers-potential...
Are you just trying to say the smart contracts can have bugs in general? It's trivial to write a bug free money doubler smart contract. The logic needed is VERY simple.
Crypto stinks and that's why I don't wanna touch it with a ten-foot pole. I lose respect for any company, which sprinkles some crypto into their service to make it look cooler when it actually makes it stinkier.
So, when do enough scams on people choosing to participate go from being their problem, to society's problem? And when do we all start to have to pay for this at some point? Because I have a feeling we will, even though I have no idea why.
I don't understand how anyone can be cutting-edge enough to be into crypto and know how to send a transaction, yet not also know how to spot a scam in the year 2022.