Thank you, Amadeus82 for sharing another well thought out article with us. It is commendable that you expressed your observation in such simple terms that we all can understand and relate to. I could feel your sincerity of wanting to help others to avoid from being scammed.
Highly recommended read. And here is my favorite paragraph:
“Scams come in many different ways and shapes. One of the recent ones I see very often is that on some coin Tweeter channel appears add for free ETH giveaways, which looks just like the team itself would post it. You just have to send them 0.5 ETH and they promise to send you back 5 ETH. When you think about it, it's a total nonsense. Ask yourself, why would any team want to you to send them 0.5 or any other specific amount of ETH, just so they would later send you back 10-times greater amount? This is utter nonsense, but still some people fall for it. It would be easy to call them stupid, but that would also be unfair. I think that maybe naive or too optimistic would be better word. But still, why are they naive?”
I believe that we were all innocent and naïve one time. Until we went through a few bad incidents of being burnt we were a lot more trusting. It is sad that we are in an industry that is often referred to the “wild west” infiltrated with an elevated share of bad actors.
Dear Dyna, thank you very much for your kind words and support. I hope that article will be useful for some people and that it will help at least someone to avoid the potential scams.
Your coin and DNotesEDU sure deserved to be mentioned as good example of how the things should be done. I really appreciate the effort you are putting in the coin and also in educating people through DNotesEDU. So if you do not mind, I'll keep using you as a good example, if (when) I'll made another blog post in the future