3min chapter

Crypto Critics' Corner cover image

Bennett and Cas at Consensus 2023: How to Spot a Scam

Crypto Critics' Corner

CHAPTER

The Importance of Confidence in Crypto

I think it's not just confidence right so we're talking about I mean that's literally what a con man is confidence. When you start getting all of these venture capitalists hedge funds etc and once they're backing you why wouldn't retail be like oh that's a trusted all these trusted money people are backing this person so why wouldn't they jump in? And the other part of it too is so much of crypto is filled with ambiguity and uncertaintylike many of the most interesting questions in crypto at least to me have still active debate around them. The best thing you can do is try to go into as many of these things as you can with like a baseline level of skepticism and willingness to kind

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