The illiterate of the 21st century will not be those
who cannot read and write,
but those who cannot learn, unlearn, and relearn.
Alvin Toffler, American writer and futurist.
Cryptocurrency frauds constitute a very sensitive issue. Though sensitive and unpleasant, we cannot evade it and act as if it does not exist. The Alpha and the Omega for fighting the frauds are knowledge and capability for reasonable thinking.
Cryptocurrencies stay out of the legislation of any country. Their very essence protests against interference and control executed by the government. Therefore, the options offered by the cryptocurrencies for the development of the business also open possibilities for development of fraudulent projects.
Negligible involvement of the states in the life of cryptocurrencies means only one thing: the quad has become a bicycle. In order to balance, we have to be responsible, reasonable and learned.