Former bank CEO ignored warnings that he was being scammed while tanking bank.
  • Nougat@fedia.io
    01·
    1 month ago

    The technology isn’t, but it can be easily abused by malicious actors, using the exact same methods as shown in Wolf of Wall Street.

    • stonerboner@lemmynsfw.comEnglish
      1·
      1 month ago

      Until there is an actual use case for Crypto, it’s definitely a scam as a technology. It exists only for investors and scammers, anyone attempting to actually use it is getting reamed.

      • Lost_My_Mind@lemmy.worldEnglish
        1·
        1 month ago

        My friend really hyped up crypto as the thing that would replace all local currencies in every country. That we would just have crypto, and thats it.

        Thats when I knew it was a scam. My friend is an idiot, and falls for 100% of scams. When he’s preaching something, I know it’s wrong.

        • stonerboner@lemmynsfw.comEnglish
          1·
          1 month ago

          Imagine being so fleeced by a scam that you post messages pretending others are dumb for not falling for the scam lmao