š§µ Thread: Crypto Education or Exploitation? What Theyāre NOT Telling You About Web3 š
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Crypto is sold as "financial freedom"...
But most newcomers are walking blind into digital landmines.
Letās break down the harsh truths no one teaches in the hype cycle. šØš
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Memecoins ā Investments
Memecoins can moon ā but most are glorified pump-and-dump scams.
If thereās no real utility, you're not investingā¦
You're gambling. š°
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Not Your Keys = Not Your Coins
You made 2x on $SOL ā but it's still sitting on an exchange?
One hack or freeze, and it's gone.
If you donāt own your private keys, you donāt own your assets. š
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KYC: A Necessary Evil?
KYC protects users... but it also gives governments full tracking access.
Donāt blindly upload your IDāread the terms.
Crypto = privacy if used right. šļø
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āPassive Incomeā Ponzi Schemes
10% daily ROI? š©š©š©
These "staking" platforms often collapse overnight.
If it sounds too good to be true... it's a Ponzi wearing a Web3 hoodie. š
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Education > Hype
Influencers will shill coins they were paid to pump.
Learning about tokenomics, consensus, and security isn't optional ā itās your shield in this warzone. š§
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Crypto is power.
But power without knowledge leads to loss.
Donāt just buy ināthink, research, secure, question.
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