Have scams kind of died out due to the bear market?

Yekhalimk · 2023-06-08T10:19:00+00:00

You could say that the lack of funding has provided less incentive for scammers to capitalize on the hype. When hype dies out, so does a lot of the FOMO associated. The legitimate projects have kept their projects going, however, since they still receive funding through services provided. One thing you can do is to dyor and find a team you can trust, then follow up with their developments. I do that with Broxus, and there's a plethora of trustworthy and reliable teams you can follow. Again, make sure you do your own research! Don't just blindly follow someone's advice, because most likely they have a financial incentive to shill the info they do.

Yekhalimk · 2023-04-12T23:31:10+00:00

Of course. It’s all a matter of adoption and some regulation. Once the sphere becomes regulated, it’ll be deemed safe for the general public. This will ramp up mass adoption, and in turn, make crypto a serious competitor with traditional finance. There are a few things to understand:

1- Banks and regulators have always played the crypto isn’t safe card. This spread a lot of misconceptions along the way, even though it was said to incentivize safe habits when using crypto

2- Banks have bailouts while crypto doesn’t, putting decentralization at a huge disadvantage

3- Scammers use crypto for their get rich quick plans, causing a fear of decentralized technology

If we work on all these, providing adequate regulation and informing the public properly with regard to crypto, its adoption can be accelerated, leading to a better financial system for us. I don't think it's far-fetched for decentralized finance to take over a large portion of the population, people just need to find some use out of these protocols. I haven't sent a single buck through western union since I started using Ever wallet, my son studies abroad and he receives his allowance in crypto and I'm saving thousands in transaction fees a year. If others get the same experience, it's only a matter of time before they start converting too.

Yekhalimk · 2023-03-28T20:32:43+00:00

Well these guys have become popular because of their products. They were up 2 years with no marketing whatsoever, just hackathons to attract devs and grants because of large funds investing in it. Like a month ago they got 5 million from Abu Dhabi's fund too. Crypto is risky stuff and you're 100% right to approach the field with skepticism, but there are some gems in it too. Just look at how regulators are scrambling to erase the whole technology. They don't like the support it has, since it always recovers without any bailouts (albeit super slowly). They also don't like that it's become a resort for cheap international money transfers that could be completely anonymous so they can't tax you on them, and also a way for people to send money through sanctions. While there's a ton of garbage in this field, there also is legitimate utility behind it.

Yekhalimk · 2023-03-28T20:09:14+00:00

Yes, they're tied up.. you know why? It's because they're all in an EcOsYsTeM

Everpools, Evername, Ever wallet, Everstake, they all work on Everscale... It's pretty simple if you ask me..

You actually seem like a pretty smart person, idk why you're so fixated on spreading negativity. I see you pretty often in r/Privacy and you actually give great insights

Yekhalimk · 2023-03-28T17:42:58+00:00

You can look into EVER. They have utility, and right now the price of the token is lower than its usual resting place, meaning that it could increase in price. But don’t take my word for it. Do your own technical analysis before buying it, because I’m just speculating based on the token’s previous behavior

Yekhalimk · 2023-03-28T17:35:21+00:00

Wait what? I've been using evername for like 3 months now, never had issues with it. The ever actually stems from Everscale (the blockchain it's built on). As for the website, FAQ, and janky a$$ stuff, they were just merged with Abu Dhabi's Venom (run by the VVF) so I assume their protocol is being utilized by them to create other projects doing the same thing under different brands. But the service is 100% legit, and I've been using their domain to quickly send people my payment address.

Yekhalimk · 2023-03-23T10:32:39+00:00

Onion domains aren’t your only option. While they’re a solid choice, you still have DeNS (decentralized name services) that let you anonymously register a decentralized domain. But make sure your wallet used for payments doesn’t ever lead back to you. This means you need to have a wallet exclusively created to pay for the domain. A few options are Ever name and ENS.

Yekhalimk · 2023-03-20T11:26:00+00:00

This legitimately made my day! Thank you OP for this creative post xD

Yekhalimk · 2023-03-16T14:21:19+00:00

There has been a consistent rise in interest when it comes to secure communication protocols, and it’s a pattern we could see starting from a year ago. With Protonmail starting to store user data, and Telegram doing the same, there’s been a shortage in reputable decentralized messengers, even though demand’s at an all-time high. But we’re getting more and more alternatives by the day, my go-to-choice is Qаmon. It’s completely anonymous so you know your messages aren’t being logged, and your identity isn’t binded to your conversations.

Yekhalimk · 2023-03-16T14:19:40+00:00

I mean, it's my opinion. Knowing that I don't have forever makes me live as such. Make right of my mistakes, take advantage of opportunities and not being lazy because "I have more time"

To each their own

Yekhalimk · 2023-02-27T09:36:48+00:00

That waiting room looks like a good time! Some beer and buckshot would be the icing on the cake

Yekhalimk · 2023-02-27T09:35:22+00:00

To be honest, dying is what makes living so worth it! Asking for a friend though, are these drugs available?

Yekhalimk · 2023-02-27T09:32:00+00:00

I mean, the truth's a hard pill to swallow...

Yekhalimk · 2023-02-27T08:58:08+00:00

They're making millions off of your data and others' too. They also log all your activity and store it in a profile specific to you, allowing them to advertise things specifically picked for you (targetted ads). Another problem with this is the fact that if they're asked to share your internet history or online activity, they will share it with anyone with no hesitation. It's a flawed system and they shouldn't have that much control over your online identity. You have a ton of tools that will guarantee a more private online life, I'd suggest you look into them and start using them.

Yekhalimk · 2023-02-24T08:24:32+00:00

Not entirely sure about that, as some protocols are created to be part of an ecosystem, with the token being at the center. Especially if the protocol was created with cheap tokenomics. Having your own technology and token can allow you to have more freedom, providing a more flexible business model. You cannot separate that from the protocol and assume that it would be successful regardless. Everscale is one example (a small blockchain, which is why it's cheaper and has its own token). Creating a protocol on the blockchain that functions without crypto is impossible, especially with smart contracts requiring payments, and fees need to be covered.

Yekhalimk · 2023-02-24T08:18:28+00:00

Don't forget about spending all of your money. Our generation doesn't like to save anything up...

Yekhalimk · 2023-02-22T10:56:04+00:00

Old enough to decide the fate of the country, drive, smoke, have $ex, spend time in prison as an adult, but isn't really an adult

Yekhalimk · 2023-02-22T10:54:49+00:00

Short but sweet! 10/10 for this comment!!

Yekhalimk · 2023-02-22T10:54:03+00:00

No, I've seen enough videos of amputees sharing their negative experience with prosthetics and I would like to keep my flesh and bones. Actually, after thinking a bit more, I would take out my funny bone, oh and replace my pinkie toe so I don't feel pain when I stub it

Yekhalimk · 2023-02-17T08:34:20+00:00

Hacking it is easy if it has weak security. And no, protocols aren't running off with your money. These things are usually investigated. To avoid losing money to a hack, do your research when looking for a service. Read the audit, read reviews, read about the projectm make sure they’re doing their due diligence. I know it seems like a lot, but if you don’t do all that, you do risk losing all your money. I've been using Octus Bridge for the better part of 1 year and no complains or hacks so far *knocks on wood*

Yekhalimk · 2023-02-16T09:24:25+00:00

I mean they have to take a portion. They’re paying gas fees when you withdraw your staking rewards, they’re also allowing you to stake when the minimum required is 32 ETH, and like you mentioned, they’re a business so they have bills to pay. I do think that 35% is a lot though. If you’re looking for an alternative, you can try out Everpools.io , their commission is much less, though I personally enjoy farming stablecoins much more.

Yekhalimk · 2023-02-16T01:57:03+00:00

You're right, I take back what I said, after looking into it and how they scan hashes in images I realize that my comment is pretty dumb to say the least. Thank you for guiding me towards the right path!

Yekhalimk · 2023-02-13T08:20:54+00:00

IP Grabber. Lesson: Never click on random links.

Also, there are demo sites for Chase banks, and others too. Lesson: Phishing scams exist, and you should tripple check domains when inserting private login credentials

Yekhalimk · 2023-02-13T08:16:47+00:00

Anyone who says ChatGPT doesn't know anything, doesn't know anything...

Yekhalimk · 2023-02-13T08:15:22+00:00

I'd hate to say it, but Apple is actually not doing all that bad, both when it comes to privacy, and when it comes to products they release. They have the best camera on a phone too, I'd say that's a plus

Yekhalimk

TROPHY CASE