Regulations to a certain degree combat scammers, but the price we pay for having less scammers isn't worth it. If people for once just refrain from investing in schemes and other roots of that sort, the number of scammers will reduce organically without the government even playing a role in this process.
Can't agree more. The underlying problem of why we're dealing with so many scams isn't related to scammers, but people themselves, and then mainly those who are responsible for creating that demand. We went from people not knowing what scams were, to people understanding what scams are, but no longer care about it as long as they see an opportunity to outlast obvious investment schemes.
All this is doing is making crypto look bad where smaller parties can no longer advertise on the mainstream social media platforms. Scammers however found a way to bypass Google's restrictions and still advertise garbage.
It's ridiculous. It's one of the negative side effects of mainstream adoption.
