#Twitter 's R&D budget $1.247B in 2021, we saw very little change in the bot accounts, impersonations and scams perpetuated on their platform. The amount of bad actors here is staggering. This should be the first priority for #ElonMusk well, that and his annual interest payments
To the people messaging me, I know #Hex has been looked into by other people.
I will reference a lot of the materials already posted on it by other people, and reach out to others, but I will make a determination on it of my own, thanks.
This is still an ongoing investigation.
To me, the answer is simple: Stop banking on trust. Figuratively and literally.
Where is the value in trust when it can be broken seemingly so easily?
Understanding incentives is key to everything involving value. This is just as true in the #crypto space.
Let's talk about trust in #cryptocurrency.
Trust in the space, for the tech. Trust in the projects; claiming to be primed to change the world. Trust in the individuals who start these projects, and trust in the ones who promote it.
How does one EARN trust in this industry?
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This leaves a sour taste in my mouth just as it may to you. Not because I feel above this fact, but because it's difficult to cope with the fact, that there are facts we just don't want to cope with.
So is there a solution to this trust problem?
The amount of #cryptoscams in the space have grown exponentially since I had to leave last year (as expected). I used to take cases from anyone and everyone to investigate a coin; I will continue to do this to a lesser extent as I am only one individual. 1/2
I know of people and institutions that #HODL more #Bitcoin than would ever be possible to reasonably obtain now. I understand the economics of it on a micro scale, but on a macro scale, with time, this thought starts to bother me
#Crypto is world changing, maxis are troublesome
Glad to see one of the more obvious & egregious scam coins, #safemoon was finally covered in-depth by @coffeebreak_YT I tried to do my part last year to help expose the devs and their projects to CT but fell short by my obligations and limitations
Stay vigilant, stay informed 👊
If I would have had more time on my hands last year, I could've stopped a lot more people from investing in #safemoon and all the "safe" projects.
At least this is what I tell myself until I remember the death threats received from #SAFEMOONARMY for trying to help them.
#crypto
This is a light-hearted jab. I understand the messenger gets shot, and I understand the promise of 300% returns is enticing, especially when it's legitimately happening in the space.
CT just has a lot of work and growing to do collectively.
#CryptoTwitter#scams#DoBetter
The concept of a #NFT is world changing, especially when it comes to #supplychain . It's too bad 30%+ of the space is filled with 'art' being pumped & dumped on people. It's to the point now where I will see scam projects being advertised on #Twitter main page...