Cryptp vs fiat, where are many hackers and scammers

[Onden 2098]

Fiat and cryptocurrency both have the opportunity to be hacked, therefore keeping assets safe is a must for every crypto exchange and fiat exchange. Both of them have the opportunity to be hacked because they are both digital, most fiat uses digital in banks.

[BrolySSJ 7899]

In my opinion, I would say that most of the hackers and the scams are being done with crypto currency now. It is much easier for scammers in this digital age to bee able to scam people, and we can especially see this with the number of doubling investment sites that are out there at the moment and we can even see it with the number of third party applications that attempt to steal your crypto data. I think people are much more careful with their fiat currency at the moment, whereas the education with crypto security is still lacking. 

[Zeshan Khalid 2577]

Due to wide adoption of fiat currency all types of scammers are mostly in fiat but hackers mostly target crypto currency because of its decentralization and lack of legislation regarding crypto.

[Fixfin 2569]

You have never heard of scammers but only heard about the because of cryptocurrencies? Scammers are there a long as money is there and probably becore currencies as it is in the nature of some not to be fair but try to make a lot at the cost others will have. Also banks have been hacked for decades before crypto.

[Syedbesharat 5423]

On 12/16/2019 at 2:00 PM, Lubruselu said:

Where do you think are most hackers and scammers between crypto and fiat. Me I think in cryptocurrencie there have many hackers and scammers but I don't know about fiat

As I experience from last four years in crypto their are lots more scammers in crypto then fiat currency system. The fiat can be recover and traceable but the current crypto system isn't helpful for tracking you can only track wallet  or address who scam you. But cannot recover your money. 

[annayks 2314]

The volumes in crypto are very small. It all happens with fiat it is more than 99% of scammers that work with the national currencies and dollars instead of crypto and the reason is their lack of understanding of the cryptocurrency technology. They don't know how to use wallets and anything so they skip thispart. Also they preferto deal with ways they know and don't want to change and make mistakes. It will take them too much time. although lately we are seeing an increase in crypto scamming, the last years it has risen a lot.

[bogdanoff 3173]

There are many hackers in bitcoin but they target mostly big exchanges that have weak security. This happened lately with Kucoin and before that with Binance, Bitfinex, Coincheck and MtGox. The exchagnes that have weak security are the best target for hackers.

[kryptonick 2659]

You don't know about fiat? All scams are happening with fiat for hundreds of years and you never heard anything, just about cryptocurrencies? You must be very young then and uninformed .

[guatazoo 7150]

Cryptocurrencies are been troubled by hackers and scammers mostly, but fiat currencies are troubled by bank robbers mostly, but it is very easy to defeat bank robbers more than hacker and scammers. 

[leakydonney 1402]

Crypto currencies are better than fiat because they employ strong cryptographic encryption that can ensure a secure module of transactions.The transaction process of digital currency is based on the blockchain technology, a public ledger unassailable for the hackers.

[Maaz sultan 265]

In fiat there are robbers and thief's and in crypto world these are called as scammers and hackers . So in crypto world thee are high chances to get scam by any turn of your life .

[zhoutong 2188]

The scams happening with fiat are making a joke of these in cryptocurrencies. As in everything fiat is still ruling and if you haven't noticed anything it is because you don't ever read the news.

[Ryken8 545]

On 12/16/2019 at 5:00 PM, Lubruselu said:

Where do you think are most hackers and scammers between crypto and fiat. Me I think in cryptocurrencie there have many hackers and scammers but I don't know about fiat

Hackers and scammers of fiat currency exist even before the emergence of bitcoin and cryptocurrencies. Hacking and Scam to launder money, stealing bank detail, credit card details, etc are still rampant in our present time. So I would say fiat currency have more hacker and scams compared to cryptocurrencies.

[Brandonsaw 1973]

I believe that there are many hackers in cryptography since the currencies cannot be traced they can steal the cryptocurrencies and they can take the money they want and you will not be able to do anything since your cryptocurrencies cannot be traced.

[ShiNorton 906]

Scammers are everywhere.  Fiat currency supported platforms are also hacked by scammers.  Crypto platforms are in the target from scammers nowadays  because  hacker's personal info won't be revealed  when doing crypto based platforms hacking. 

[cryptovlek 2597]

What do you mean you don't know about fiat mate? Are you serious? You reall think that all scams are happening on crypto and with fiat there is nothing happening at all but all is honest and there is no scam at all? Really I am very unhappy that you are not active in this forum anymore. You have to read the reply and understand how bad this post is.

[Zafarwaheed 0]

That's the interesting topic to be discussed who have to face these problems on every sites. I think the scammers and hackers ,their group is working at every leaga and illegal sites. And they stole our money by playing tricks with us and we have struck in their plans and easily delivered our all personal information with them. So be careful about these things. And must report to the moderaters and they will take action against them.

[Cryptic 0]

I think either the two has a scammers and hackers, some say money is the root of all evil. So expect that there always a hacker and scammers around you once you have huge amount of money it is either in fiat form or cryptocurrency. Well fiat money can't be hacked but some people get scammed, the most common is the investment scam. In cryptocurrency there have both, so be careful always when you are holding some of it, always take a security measure.

[AlfFusco 664]

There have always been scammers, so it's not surprising that they are both in fiat and in the crypto world, but I think that there will be more of them in the crypto world, given that there is anonymity and it is not difficult for them to commit their hacks and frauds... Therefore, you should always be on your guard.

[Artugul78 91]

I don't know much about Fiat but I think crypto is much better than Fiat and there are scammers in crypto  who always want to harm crypto.  In our opinion, there are more scammers in crypto..so be careful to all crypto user.. 

[Oxygen99 1930]

On 11/8/2020 at 3:03 PM, Saimm said:

There are many scammers in crypto while obviously they cannot hack fiat because it is a real money that we can hold. I think hacking system is more dangerous in crypto world. They can't trace who are they ?

Yes my friend and that is why we also need to be careful on the types of links we click because that is how many of them get some of our personal informations and since technology is advancing everyday cheating ways are also increasing which is not good for us.

[Projectcrypto 4382]

On 11/7/2020 at 3:05 PM, Syedbesharat said:

The fiat can be recover and traceable but the current crypto system isn't helpful for tracking you can only track wallet  or address who scam you. But cannot recover your money.

Yes mate and that is the painful part of this situation and that is why we all need to be extra careful with the way we run out activities in this cryptoworld because scammers and hackers are very smart which make them have many techniques to cheat people especially less experienced ones, so we should always the vigilant mate to avoid lose.

[P A Ashif 2409]

I think there are same numbers of scammers in both the field. Actually crypto is full online thing and the hackers and scammers are through online and most of the time identity of this users are hidden. 

In fiat currency the hackers and scammers are relatively in people. The politician are doing scam. Banks are doing scam. Many online applications,  website , links are also doing fiat scam. And then comes the robbery, burglary etc which is same as hackers in crypto field.

[Chief executive officer band 681]

I consider near are an enough quantity scammers in every one of these areas the specific gap is that the cryptocurrency involves extra fraud solid to the expert margin and the fiat advance from the collective and definitely exterior.

[gbfisher 1815]

Hackers and scammers are every where and they need money. They dont care if it fiat or digital. But in crypto wprld, there are many scammer or hackers and they easily access on multiple wallet or account of persons and stole their crypto assets. But fiat has better security because if any body stole fiat then government and different department track those dishonest peoples but there is no chance of tracking in crypto world.