BinanceThread

🧵 Thread: Crypto Education or Exploitation? What They’re NOT Telling You About Web3 👀

1/
Crypto is sold as "financial freedom"...
But most newcomers are walking blind into digital landmines.
Let’s break down the harsh truths no one teaches in the hype cycle. 🚨👇

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Memecoins ≠ Investments
Memecoins can moon — but most are glorified pump-and-dump scams.
If there’s no real utility, you're not investing…
You're gambling. 🎰

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Not Your Keys = Not Your Coins
You made 2x on $SOL — but it's still sitting on an exchange?
One hack or freeze, and it's gone.
If you don’t own your private keys, you don’t own your assets. 🔐

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KYC: A Necessary Evil?
KYC protects users... but it also gives governments full tracking access.
Don’t blindly upload your ID—read the terms.
Crypto = privacy if used right. 👁️

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“Passive Income” Ponzi Schemes
10% daily ROI? 🚩🚩🚩
These "staking" platforms often collapse overnight.
If it sounds too good to be true... it's a Ponzi wearing a Web3 hoodie. 🎭

6/
Education > Hype
Influencers will shill coins they were paid to pump.
Learning about tokenomics, consensus, and security isn't optional — it’s your shield in this warzone. 🧠

7/
Crypto is power.
But power without knowledge leads to loss.
Don’t just buy in—think, research, secure, question.

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#CryptoEducation #CryptoScams #Web3Wisdom #BinanceThread #BlockchainBasics