Networking investments scams goes innovative using cryptocurrency.

[traderethereum]

When something becomes a new trend, some bad people will try to scam people by using that thing, and they will offer such big rewards to people.
That is for getting many people to join with them so that they can get their money. Unfortunately, people are following them without search for the other news if that is a scam or not.
If people can research for more, they can prevent the scammers from attractive offers because people will know if that program is a scam or is real. But the scam will still be there to get the chance to steal people's money, so you need to be careful to decide.

[Findingnemo]

In our place a networking scam had been introduce aiming to help individuals to earn profit using cryptocurrency (ethereum and bitcoin). Their activities is to introduce cryptocurrency, their products, and how to access their products using cryptocurrency. They have basic products that could really be helpful like paying bills.

The problem is that one may need to invest first with certain amount then invite also others to earn high commission rate profit from the invites. This is purely the way of a networking scam. I cannot name the networking scam but it has been reported already to proper authority. Still, no legal actions has been made instead the agency had only provided public announcement about the netwroking scam.

Cryptocurrency had made lots of issues because of these abusers to which it will take negative impact to this technology. Sadly scammers had evolve and cryptocurrency were being target as medium of scam.

What can you say of the integration of cryptocurrency to scam activities? What could also happen to cryptocurrency in the future? Will it became worst?

When people get more knowledge related to crypto currency they can differentiate which is true and scam schemes so by the time passes the cryptos will get better from now but scammers also will get evolve for sure so there will be in need of clear guidance about crypto usage from every integrated payment system.

[MCobian]

I am very sure that scammers will always be in the world of cryptocurrency, maybe in the future it will get worse. The main problem is with
ourselves why can be victims of scam. We must be able to control our emotions, so that we are not greedy, the beginning is usually indeed
started from greed wanting to get instant profits in large quantities. If it can be avoided, we should safe from scammers, therefore education
related scams must be done often. So many people will be more alert and avoidable fall victim to scam.

[Arkann]

In our place a networking scam had been introduce aiming to help individuals to earn profit using cryptocurrency (ethereum and bitcoin). Their activities is to introduce cryptocurrency, their products, and how to access their products using cryptocurrency. They have basic products that could really be helpful like paying bills.

The problem is that one may need to invest first with certain amount then invite also others to earn high commission rate profit from the invites. This is purely the way of a networking scam. I cannot name the networking scam but it has been reported already to proper authority. Still, no legal actions has been made instead the agency had only provided public announcement about the netwroking scam.

Cryptocurrency had made lots of issues because of these abusers to which it will take negative impact to this technology. Sadly scammers had evolve and cryptocurrency were being target as medium of scam.

What can you say of the integration of cryptocurrency to scam activities? What could also happen to cryptocurrency in the future? Will it became worst?

One way or another, cryptocurrency is very beneficial to scammers and other criminals, as cryptocurrency is a valuable asset that cannot be traced to who it belongs to. But before looking for an excuse to accuse cryptocurrency of being abused, I believe that everyone should be careful, since scammers always use the naivety or greed of people to get their money. In addition, if we are talking about more serious crimes, then for this you need to contact the law enforcement agencies, and not pay fraudsters from your wallet.

[fiulpro]

In our place a networking scam had been introduce aiming to help individuals to earn profit using cryptocurrency (ethereum and bitcoin). Their activities is to introduce cryptocurrency, their products, and how to access their products using cryptocurrency. They have basic products that could really be helpful like paying bills.

The problem is that one may need to invest first with certain amount then invite also others to earn high commission rate profit from the invites. This is purely the way of a networking scam. I cannot name the networking scam but it has been reported already to proper authority. Still, no legal actions has been made instead the agency had only provided public announcement about the netwroking scam.

Cryptocurrency had made lots of issues because of these abusers to which it will take negative impact to this technology. Sadly scammers had evolve and cryptocurrency were being target as medium of scam.

What can you say of the integration of cryptocurrency to scam activities? What could also happen to cryptocurrency in the future? Will it became worst?

See there is one thing that everyone needs to know about cryptocurrencies like Bitcoins :
Only 10% of the Bitcoins are used in illegal activities.

This do mean that what you said about cryptocurrencies being the problem here , it's not cryptocurrencies it's the people since cash is used more in money laundering and stuff as compared to cryptocurrencies + at the same time the government is making it harder for people to follow up using cryptocurrencies. KYC and using all the personal information is actually something that the government is using to parse your personal information therefore eventually if you do attempt to do anything you will be caught since cryptocurrencies are actually very transparent !! , so these scammers should know better.

It have not actually created any issues for sure.

I do think that networking problem and scams are as likely to occur using your bank account and stuff , I do believe that I heard that someone was asked to transfer like 3000$ in BTC using BTC ATM to someone and the problem is people need to educate themselves about all these situations , if it's too good to be true it's definitely fishy .

All we need is good education regarding the scams other than that I don't think blaming cryptocurrencies is any good.

[el kaka22]

I still think that the only reason why scamming is so rampant in crypto world is the lack of regulation and laws around it. I understand that people want to be a bit more free when it comes to crypto and do not want governments to meddle, but the idea that "governments should jail scammers but do not touch my crypto at all" is not valid at all.

If you want governments to actually do something about the scammers and catch them and put them in jail, they will also tax your crypto as well, that is how it works. That is why I think there should be a middle level where we are not giving up everything, bitcoin is decentralized after all, but also do get some help from governments of the world to protect us from the scammers. If you end up jailing bunch of scammers, the number will go down significantly.

[Vod]

See there is one thing that everyone needs to know about cryptocurrencies like Bitcoins :
Only 10% of the Bitcoins are used in illegal activities.
All we need is good education regarding the scams other than that I don't think blaming cryptocurrencies is any good.

I Think you just made that number up.  On this forum alone, I'm sure the number is higher than 50%, just due to the volume from a couple ponzi scammers.