47 min

Crypto Scams Privacy Files

    • Technology

Cryptocurrency has made many people very wealthy. There are more than 88,000 millionaires who got rich through crypto investing. In fact, there are even 17 "crypto billionaires."

But for every person who makes it big in the world of cryptocurrency, there are many times more who either never grow their investment or who lose money.

In this episode of Privacy Files, Brian Tillman returns to the studio to help Rich make sense of the extremely complex environment of cryptocurrency.

Brian runs through some examples of cryptocurrency scams with the goal of pinpointing the red flags to watch out for.

Rich takes a more holistic view by examining the common question of whether or not cryptocurrency is actually a decentralized Ponzi scheme.

This is an episode that covers many angles. On the fraud side, we look at a variety of frauds, from pig butchering scams to phishing attacks. Globally, we break down how cryptocurrency actually works to better understand what it actually is.

Is cryptocurrency really a currency? Is it an unregistered security? Or, is cryptocurrency just a decentralized Ponzi scheme?



Links Referenced:

https://www.forbes.com/sites/johnhyatt/2024/04/02/the-richest-crypto-and-bitcoin-billionaires-in-the-world-2024/?sh=1e04cfab726b

https://dfpi.ca.gov/crypto-scams/

https://www.web3isgoinggreat.com/

https://www.youtube.com/watch?v=ORdWE_ffirg



OUR SPONSORS:

Anonyome Labs - Makers of MySudo and Sudo Platform. Take back control of your personal data. www.anonyome.com

MySudo - The world's only all-in-one privacy app. Communicate and transact securely and privately. Talk, text, email, browse, shop and pay, all from one app. Stay private. www.mysudo.com

MySudo VPN - No personal information required to sign up. You don't even need a username and password. Finally, a VPN that is actually private. https://mysudo.com/mysudo-vpn/

Sudo Platform - The cloud-based platform companies turn to for seamlessly integrating privacy solutions into their software. Easy-to-use SDKs and APIs for building out your own branded customer apps like password managers, virtual cards, private browsing, identity wallets (decentralized identity), and secure, encrypted communications (e.g., encrypted voice, video, email and messaging). www.sudoplatform.com

Cryptocurrency has made many people very wealthy. There are more than 88,000 millionaires who got rich through crypto investing. In fact, there are even 17 "crypto billionaires."

But for every person who makes it big in the world of cryptocurrency, there are many times more who either never grow their investment or who lose money.

In this episode of Privacy Files, Brian Tillman returns to the studio to help Rich make sense of the extremely complex environment of cryptocurrency.

Brian runs through some examples of cryptocurrency scams with the goal of pinpointing the red flags to watch out for.

Rich takes a more holistic view by examining the common question of whether or not cryptocurrency is actually a decentralized Ponzi scheme.

This is an episode that covers many angles. On the fraud side, we look at a variety of frauds, from pig butchering scams to phishing attacks. Globally, we break down how cryptocurrency actually works to better understand what it actually is.

Is cryptocurrency really a currency? Is it an unregistered security? Or, is cryptocurrency just a decentralized Ponzi scheme?



Links Referenced:

https://www.forbes.com/sites/johnhyatt/2024/04/02/the-richest-crypto-and-bitcoin-billionaires-in-the-world-2024/?sh=1e04cfab726b

https://dfpi.ca.gov/crypto-scams/

https://www.web3isgoinggreat.com/

https://www.youtube.com/watch?v=ORdWE_ffirg



OUR SPONSORS:

Anonyome Labs - Makers of MySudo and Sudo Platform. Take back control of your personal data. www.anonyome.com

MySudo - The world's only all-in-one privacy app. Communicate and transact securely and privately. Talk, text, email, browse, shop and pay, all from one app. Stay private. www.mysudo.com

MySudo VPN - No personal information required to sign up. You don't even need a username and password. Finally, a VPN that is actually private. https://mysudo.com/mysudo-vpn/

Sudo Platform - The cloud-based platform companies turn to for seamlessly integrating privacy solutions into their software. Easy-to-use SDKs and APIs for building out your own branded customer apps like password managers, virtual cards, private browsing, identity wallets (decentralized identity), and secure, encrypted communications (e.g., encrypted voice, video, email and messaging). www.sudoplatform.com

47 min

Top Podcasts In Technology

Sustainable Energy
Green.TV
Hard Fork
The New York Times
Waveform: The MKBHD Podcast
Vox Media Podcast Network
FView Friday
爱否科技
Tech for Non-Techies
Sophia Matveeva
FT Tech Tonic
Financial Times