Dogecoin Co-founder, Billy Markus, also known as “Shibetoshi Nakamoto”, on Twitter stated that the crypto market is doing a terrible job at protecting itself against scammers. Dogecoin Co-founder Explains Why the Crypto Market is Full of Scams According to Markus, the reason why scams often emerge in the crypto space is that the community is unable to control the space and clear it from scammers “it does a horrible job of policing itself”. Rather than go at scams and hunt scammers, the crypto space “enables scammers and defends the scammers,” per him. This is down to the community’s “chronic behavior”, he tweeted, and so the crypto space “gets what it deserves”. “Instead of getting mad at scams, the space (crypto) enables scammers and defends the scammers, no matter how obvious it is, through chronic bad behavior. It gets what it deserves,” he added. i think the reason crypto is so full of scams and trash is it does a horrible job of policing itself. instead of getting mad at scams, the space enables scammers and defends the scammers, no matter how obvious it is, through chronic bad behavior. it gets what it deserves. — Shibetoshi Nakamoto (@BillyM2k) June 3, 2022 Markus also noted that the mentality of trying to scam others or getting other people scammed just because the person was once a victim is cancerous. He was amazed when he discovered how scam bots have taken advantage of scam victims’ situations to still cause more d...
