As for the scams, there's nothing that can stop them. It's either we accept some form of regulation or leave the scammers to continue their thing
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As for the scams, there's nothing that can stop them. It's either we accept some form of regulation or leave the scammers to continue their thing
Maybe at the level of protection system there is nothing to stop it on the web 2, but I think there is a culture of being able to identify when there is a scam in front of you, that's why information and community is important.
yes for sure. You've got it right, information is key. Keeping the community informed will go a long way to keep them
We will have to leave the scammers to continue and then we have to do enough to improve security. Accepting any form of regulation in my opinion just opens us to more of it in the future. The whole idea of web3 is decentralization isn't it?
Anything that is created can equally be broken. That is why I believe there should be a way of penalising the bad ones through some form of regulation at least. I don't mean full regulation but at least to some point
Yeah I get you and maybe that regulation will have to come from web3 itself. My concern is that, when we allow regulation from outside, it’ll become full soon.
Yes for sure. I believe utilizing smart contracts can achieve this