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Topic: Reducing scam - page 22. (Read 17881 times)
Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
Setting the regulatory framework has two aspects
The first is negative because it is against the idea of financial freedom originally
The second is positive because it encourages countries to Comprehensive adoption
We need a consensus formula that will satisfy everyone.
Crooks will not run out ever. Since at any historical time. In any even the most secure transactions, there are people who are madly in love with easy money. Who would do anything to get our money. Currently, the cyber crooks are sending spam with malicious links. Friends be careful and take care of your capital.
Stop supporting ICOs and that will solve the problems for the increase of scams in the market. There will be no more ICO if there's no market for them and we are their market so if we are no longer investing to such ICOs, they will notice the dramatic fall for this market and they might shift to another way of crowdfunding.
Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
Setting the regulatory framework has two aspects
The first is negative because it is against the idea of financial freedom originally
The second is positive because it encourages countries to Comprehensive adoption
We need a consensus formula that will satisfy everyone.
We are our own regulators. Scammers are in all areas, where it is more, where it is less. We must learn to identify them ourselves. After all, some scams can be revealed even without in-depth study of their project. We must rely only on ourselves.
It's some unbelievable these projects have advisors, yet they fail. Sometimes, these advisors are fictitious and part of the grand scheme of their scam. The only way to curb scams in ICOs to the investing be awake to the scam projects and also for the industry to be regulated with scammers prosecuted to serve as a deterrent to others.
Unfortunately, nothing can be done about it yet. We should rely on our knowledge and choose projects more carefully. Perhaps the situation will change when countries will adopt laws on ICO, but currently have to try yourself.
I have read that regulations and laws are being worked out for icos and crypto in most of the countries especially Australia and Europe is actively working on the regulatory framework, after they implement their regulatory framework for crypto i think many more countries will follow.
Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
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