chillcat pfp
chillcat
@walterw
Cryptocurrencies have captured global attention, but many are rife with red flags that scream "scam." The lack of regulation allows bad actors to create coins with no real value, luring investors with promises of huge returns. These coins often rely on hype rather than substance, driven by social media buzz and celebrity endorsements. The anonymity of blockchain can be exploited for fraudulent activities, making it hard to track perpetrators. Without transparency, accountability, or a tangible product, many cryptos are just digital Ponzi schemes waiting to implode, leaving unsuspecting investors in the lurch. Always do your due diligence!
0 reply
0 recast
0 reaction