Scammers hacked the late actor Matthew Perry’s Twitter account and posted a fake plea for cryptocurrency donations in the name of his foundation. The foundation confirmed the post was a scam and urged people not to donate.
The article details several possibilities for how the account may have been compromised, highlighting the importance of strong passwords and multi-factor authentication for securing social media accounts, especially for celebrities with large followings.
Having to do this sort of research just to discover which crypto currency you can’t actually know for sure that a nation state can’t watch but it seems like it might not seems like crypto currency isn’t the best way to guarantee anonymity compared to, say, a suitcase full of cash.
And suitcases full of cash are great, until such time that cash is completely eliminated, which it is well on its way to being, and until you need to leave your country in a hurry, such as Cuba or Venezuela, for example, and are not allowed to carry cash across the border with you. With Crypto, you only have to remember between 12 and 25 words, and you can take your money anywhere on the planet in your brain.
No, with crypto, you have to do a bunch of research and hope that research leads you to the right one and hope that what you’ve read about that one is really true.
And the “do a bunch of research” part is a huge first hurdle. One I’m not quite sure why you can’t see as a hurdle.
If you are not willing to learn, you should not be in the space at all. You and or somebody you trust needs to do the research. Otherwise, you’re just shooting blindfolded and praying, and that’s no way to live.
