Matthew Perry's official Twitter account was hijacked by scammers this week who
attempted to solicit donations from well-meaning fans of the much-loved late
actor.
Scammers hacked the late actor Matthew Perry's Twitter account and posted a fake plea for cryptocurrency donations in the name of his foundation. The foundation confirmed the post was a scam and urged people not to donate.
The article details several possibilities for how the account may have been compromised, highlighting the importance of strong passwords and multi-factor authentication for securing social media accounts, especially for celebrities with large followings.
To be fair, it makes sense for chai tea to be made explicit from unspiced black tea while still letting people unfamiliar with it know that it's tea. Cryptocurrency not so much.
It was specifically designed to be a currency and that's what people are using it for. So I guess currencies can be Ponzi schemes. The dollar sure is one.
Let me make sure I know my differences between a Ponzi scheme and a pyramid scheme. Because I may well be getting them confused. They sound very similar. Apparently Ponzi schemes are investing money while pyramid schemes are recruiting and making payments like a service. So yes. Money is a Ponzi scheme.
You're making an inexplicable leap of logic that still has me thinking you have no idea what you're talking about. Though I'm willing to believe you think you know what you're talking about.
So what is money ultimately? It's an abstraction that we exchange with one another as a common denominator for trades instead of me trading you 16.125 cows for a car. Therefore, with nobody to use it, a money is worthless. And so, to get people to use your money, they have to invest in it. They're by making all money a Ponzi scheme. If they already have a money, then they are investing their money for your money. And if they don't already have a money in existence, then they are investing time for your money.
Except we're not trying to convince people to buy in to money so that we can cash out. Money doesn't only increase in value by getting more people to buy in to it. I'll grant you the defined value of a dollar is nebulous, but it's not even remotely a ponzi scheme. Where crypto is, definitionally, a ponzi scheme. It sounds like you bought in to it, you probably want to cash out before you lose any more.
Oh no, exactly the opposite. I want to put more in because I use it as a currency. In fact, I just bought my groceries with it today. I also pay for my insurance, cell phone bill, and several other bills every single month with it, and have been doing so for over a year now. I use it how it was meant to be used.
The fact that people are still saying things like this about crypto—even after ETF approval—is proof that it's still early. By the time the average person realizes what's been going on with Bitcoin, it'll be too late for you.
I've already tripled my initial investment from a year ago, and we're just only getting started.
That user only represents some of crypto. There are others like myself who are not in it to get rich, but to maintain sovereignty in a surveillance state and dystopian world such as we are heading for.
Sorry but if it is available for anyone to use its public, you can't use a blockchain currency without downloading and referencing the block chain. Something that can NOT be changed by you or I
Replace blockchain with ledger, because that is what it is. It is no more secure than using a fucking bank card.
Seriously how fucking stupid are all of you people?
Do me a favor and look up Monero Ring CT and stealth addresses. It's not totally private, but if you are one of sixteen, there is a very low chance of being identified, and the more transactions away you are, the lower the chance of being identified properly. Also, full membership proofs are in the works, which would make the possible transaction part of every other transaction on the chain up until that point. And there won't be a way to easily trace.
You assume that crypto is some "honest" and "for the people" currency system because its all documented in the blockchain, when in reality it is gamed by big banks, investors and scammers just like other financial tool where a lot of money is involved and no or insufficiant regulations are in place.
If Elon tweets "you can no longer buy tesla withy bitcoin", your savings will loose a lot of value over night.
I can't tell whether you're a real crypto person or not. Real crypto people don't believe in ETFs because you're not holding your own keys. So it sounds like you are just in it to make more fiat, which is bullshit. But I could be wrong about you.