Complicated, again governments struggling to violate our privacy.
I believe that one of the great advantages of crypto-coins is to free ourselves from the power of government over our money.
People say there are no reasons for the alt coins/projects to exist. Be careful of these people...
The legit projects are innovators of these technologies and will be vehicles of change in many varied areas.
I do agree that the scam coins, scam ICOs and scam projects should not be around.
These scams are hurting people and wasting peoples time and efforts.
Many a decent people left crypto due to these scams and these scams have stopped many from getting involved in crypto.
The difference is these days the banksters and hedge funds are also among them and they too are ruthless.
MikeMike
I am sure Kore is not a scam project, actually it is a beautiful project, with honest and decent people working on it...
However how people could avoid being hurt by scam coins ?
The scam projects have went through a series of transformations.
However I have seen some decent projects come from some of them taken over by the Community.
There were some that were decent projects that were taken over or destroyed by infiltrating them,
attacking them through hacking, threats and even attacked in a physical manner.
Some of these attacks came from the scammers funding those scams.
With each new wave of scam coins they mostly used the same mold for them
till the next version/mold was developed to the point of the ICOs whereby
they doxed themselves and still stole peoples money.
All I can say is that the Crypto space may end up like the .com space
and over time the cream/decent projects will rise to the top and some the hard way.
This is because those who scammed people out of hundreds of millions and could be Billions by now
have the ability to pump the price of whatever coins they want and hold them there
till they cash out enough to make a killing while some of them may be also attacking these real projects because they
also want to be the owners of the businesses that come from the tech attached to real projects.
So the tech/businesses of projects coming down the road could be real but those attached to them are mafia-like and insidious.
Also these days the banksters and hedge funds are involved and they too are a ruthless bunch with agendas.
MikeMike