You are viewing a single comment's thread from:

RE: Recognizing Token Scams and Rug Pulls (Smart Contract)

in LeoFinance4 years ago

Thank you for this article I had no idea about any of it, so all of this is news to me. Going forward I will be more able to research the tokens because of this article :-)
You just picked up a new follower :-)

Sort:  

I'm glad you enjoyed my post. The internet is full of scammers and shitty people, it's a far west but in the end it's a direct extension of the real world compressed into a smaller size. Add to that the fact that it's possible to operate in total anonymity (although it's not as easy as it may seem, especially with blockchain).
My post was directed to highlight what are the alarm bells when you go to operate with smart contracts and liquidity pools, which on the one hand offer great returns, on the other hand can hide big cheats. If you are new to the crypto world, the best investment is in training and a person who can guide you. But also finding a trustworthy person is not easy, it's full of asshole gurus.
Thanks for your comment.

I agree completely with "total anonymity (although it's not as easy as it may seem, especially with blockchain)." People flock to the blockchain for anonymity and the use services like UPhold or Coinbase that verifies the person's identity lol 😀