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[AudraMiller]

One of the major concerns in cryptocurrency is the fact that he is so much of fake information that is circulating on various internet websites. This can make it very hard in order to try and gauge what you should be doing in a cryptocurrency trade and if you could be selling or buying a specific cryptocurrency. Also the spreading of fake information has become paramount to scams. It seems that coinbase is now launching a decentralized portal where people will be able to fact check things related to cryptocurrency.

 

[Niftyicon]

This is a good development. There is need to have a way of sifting the information we get online since it can go a long way to influence the outcome of our decisions about trading and investing in cryptocurrencies.

 

[Wisdom01]

This is good because many bloggers usually post fake news to get more subscribers to their platform,so its a good innovation so crypto users dont get confused

 

[AudraMiller]

This is a good development. There is need to have a way of sifting the information we get online since it can go a long way to influence the outcome of our decisions about trading and investing in cryptocurrencies.

I agree with you. There is numerous fake cryptocurrency reports that cannot be substantiated, and i have even seen in a recent article that there are some politicians that resort to such as to why they can't legalize crypto.

 

[microunit]

I think this website would be a really good one considering the amount of fake info about crypto that is going out that people all over are also believing

 

[Niftyicon]

I agree with you. There is numerous fake cryptocurrency reports that cannot be substantiated, and i have even seen in a recent article that there are some politicians that resort to such as to why they can't legalize crypto.

That is why it is a good development and for crypto to be more widely accepted, the crypto community has to work in unity to eradicate all the false news and prosecute those peddling them.

 

[AudraMiller]

That is why it is a good development and for crypto to be more widely accepted, the crypto community has to work in unity to eradicate all the false news and prosecute those peddling them.

Clearing up a lot of the fake news will alleviate a lot of the fear that many people have when it comes to cryptocurrency as well. There are some that feel that cryptocurrency is easy to steal, and so if concerns like this are put to bed, then more people are likely to take that first investment step.

 

[Wisdom01]

I agree with you. There is numerous fake cryptocurrency reports that cannot be substantiated, and i have even seen in a recent article that there are some politicians that resort to such as to why they can't legalize crypto.

Yeah those reports should also contain flat transaction scam, because its not only through crypto currency that scam could take place on ,and the government have always show less interest in crypto

 

[AudraMiller]

Yeah those reports should also contain flat transaction scam, because its not only through crypto currency that scam could take place on ,and the government have always show less interest in crypto

I think that the reason that the governments are focusing on the scams associated with crypto is that they are seeing this currency as a threat to their fiat currency and economy and therefore are willing to put bulk of the blame on these currencies perhaps. However this can vary from country to country.

 

[Wisdom01]

I think that the reason that the governments are focusing on the scams associated with crypto is that they are seeing this currency as a threat to their fiat currency and economy and therefore are willing to put bulk of the blame on these currencies perhaps. However this can vary from country to country. Huh

Yeah it can vary because why some countries are busy finding the fault of crypto currency ,many are utilizing the importance of crypto currency to help their economy

 

[AudraMiller]

Yeah it can vary because why some countries are busy finding the fault of crypto currency ,many are utilizing the importance of crypto currency to help their economy

I am curious to see exactly how much it is able to help economies however, as there are some financial analysts that believe that the acceptance of crypto can actually cause an economy in a country to crumble as well.

 

[SCAMEXPOSER]

Information is key in everything we do, fake information could destroy In a very short time so this will be wonderful if coinbase eventually launch the fact finding Portal.

 

[Wisdom01]

I am curious to see exactly how much it is able to help economies however, as there are some financial analysts that believe that the acceptance of crypto can actually cause an economy in a country to crumble as well.

There are so many factors like contributing to the foreign inflow of the country and also mining revenue for the government ,there are so many factors it contributes

 

[AudraMiller]

There are so many factors like contributing to the foreign inflow of the country and also mining revenue for the government ,there are so many factors it contributes

It does contribute a lot of different factors that can help to enhance the economy however there are some analysts in the financial then actually believe that this will draw attention away from the regular Fiat currency. As a result this can have a negative impact on the country's economy.

 

[Wisdom01]

It does contribute a lot of different factors that can help to enhance the economy however there are some analysts in the financial then actually believe that this will draw attention away from the regular Fiat currency. As a result this can have a negative impact on the country's economy.

Yeah that might be the only negative impact ,because the country government cant control the money supply and if its over used people could discard using flat currency making up inflation

 

[AudraMiller]

Yeah that might be the only negative impact ,because the country government cant control the money supply and if its over used people could discard using flat currency making up inflation

Exactly. I think that if they integrate digital version of their fiat currency well into the cryptocurrency world, as a sort of stable coin, then the fiat currency will still be used in that regard.

 

[Wisdom01]

Exactly. I think that if they integrate digital version of their fiat currency well into the cryptocurrency world, as a sort of stable coin, then the fiat currency will still be used in that regard.

Although if the population of crypto users is more then the flat currency would be used less ,but if the crypto users Is not much I think there might be no improvement or changes

 

[Wisdom01]

I think this website would be a really good one considering the amount of fake info about crypto that is going out that people all over are also believing

The bad part is that the news usually have effect on the price of crypto currency,causing more fall in price ,so i really like the innovation and idea

 

[Emmanuel24]

I think if information online can be regulated, the fake facts about crypto will be reduced because it's really affecting the nature of the cryptocurrency.

 

[SCAMEXPOSER]

I think if information online can be regulated, the fake facts about crypto will be reduced because it's really affecting the nature of the cryptocurrency.

Not really fake facts but Scam activities that are on going in cryptocurrency market is on the high side even some scam projects that are not genuine can easily be identified