I live in the countryside and people now that I work with computers and this is a low income country. Today someone come to ask me how can he get his money as he has 25K USDt on Coinbase. There is a scam going on in Romania, where they promise big returns if you invest around 250Euros. Sometimes a month salary here. The scam is done via WhatsUp and Facebook and in general people fall for it. We might say from our high horses that they should educate themselves about crypto and scams (we in sense of crypto world, especially those who still push ERC tokens), but the reality is hard. Billions of people don’t have enough knowledge of the internet to be educated on crypto. The knowledge gap is huge and it is an impossible task. For some Facebook is the Internet, that’s it. Now look at this picture, from a mobile browser how can a non crypto non security IT person deduct that this is not real USDT? Like really. It took me several minutes to demonstrate why is this a fake token, 2 minutes to find the real USDT token SC address which was not even clear in the first place. This is a complete mess. Mass adoption needs better security. Mass adoption on EVM and ERC based tokens is impossible. This is a fact. Mass adoption starts with MultiversX.
@SasuRobert 250 euro is never a months salary in Romania. The minimum is almost double (after taxes to be clear).
@SasuRobert What if I told you that even real tethers are fraudulent?
@SasuRobert The tech has to become simpler and easier to navigate 💯
@SasuRobert @arno_web3 Exactly Robert 👍. Normies need a foolproof trustworthy system. EVM and ERC are just a minefield full of pitfalls and scams, and normies will get burned and turn away completely. Know many personally who have lost trust in Blockchain over the years.
@SasuRobert You are so right Robert. So much education needed and protection from scams needs to be implemented as protocol level. We are so farrr 😔
It’s a tough situation when many associate crypto with scams, often due to personal experiences or hearsay. The true potential of blockchain technology isn’t widely understood, which is crucial in distinguishing its revolutionary impact from the scams that cloud its perception. This is exactly why choosing a secure platform like #MultiversX is so important. Here, we focus on building strong, trustworthy connections and networks that harness the real power of blockchain, safely and securely, steering clear of the pitfalls that have affected so many.
@SasuRobert Știu și eu pe cineva care a fost păcălit cu 30.000€ cu promisiunea ca va primi 60.000USDT IN SCHIMB 😔