Americans have lost $1 billion to crypto scams since last year
https://gizmodo.com/crypto-scams-1-billion-ftc-bitcoin-ether-tether-1849014424
Investing in Web3, the supposedly “transformative” environment of blockchain and cryptocurrency technologies, continues to be a revolutionary new way to lose a whole lot of money.
okay, but to put this into context Americans lost almost 30 billion in phone scams last year. nothing is perfect and crypto is still so new, maybe this is just part of the crypto journey. 🤷🏻♀️
I agree with you.
maybe...but it's still concerning. And actually I would have thought Americans lose more than that to phone scams a year - I get a couple of calls a DAY from scammers. So I still don't find this comforting.