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Anonymous

Hey I am on Medial • 4m

I crypto scam can Effect whole global economy ?

Havish Gupta

Figuring Out • 4m

nope. There aldredy have been so many crypto exchanges scam like Ftx and wajir, didn't affect the global economy. if you talk about real crypto scam, then unless it's a major crypto like Bitcoin or Ethereum, it's hard. And i don't think so it's possi

Anonymous

Hey I am on Medial • 4m

depends on scale and if someone did really big that break economies of countries then it will be a massive problem and what about china , russia , and many other countries who are creating whole ecosystem and massive reserves of crypto but if we Analyse the indian's then we are not even creating something that gives us lots of crypto reserves

1 replies1 like

Replies (1)

Havish Gupta

Figuring Out • 4m

"break economies of countries!?". Well no country or people in the world are totally dependent on one crypto. Actually there would be some individuals but not whole country or a large population that can lead to crash of economies. Rn, such only Bitcoin has such power which can kinda coz a big crash, but it's really hard for someone to scam through it. There are few crypto scams that have made people broke. Like one happened recently when a famous celebrity launched a crypto and it failed. but a large scale scam isn't possible rn. would happen in the future but atleast not this decade

1 replies

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