As stupid as I think Crypto is, it's no longer purely a scam.
It's now packaged into assets like ETFs and recommended as a diversification tool (though I disagree with the Economist's analysis on this one). So it is in some sense a real asset at this point.
But crypto is a ouji board with a planchette pointing at random prices and the hands pushing it are a bunch of US banks and guys with monkey avatars that cost more than my house on X (both the site and drug).
You said it yourself. Crypto has nothing to stabilise its value. It is entirely speculative. There is three options to make money with crypto. Sell it to someone that believes in it more than you do. Sell it to someone that believes he can make more of a quick buck than you, or have the gamble work, that it ends up becoming a legit payment system and have the value explode and stabilise there.
In the first two cases you just try to fuck over another gambler. In the third case you yourself gamble.
It is always possible that the hype collapses or crypto gets banned globally. Whoever is left holding it then got scammed by the others.
While in the beginning many investors believed it to become a viable payment system eventually, now most are just looking to not be the last in line to get scammed.
I'm guessing they'll want you to log in.
they'll use those credentials to get data from protonpass and try to breach other sites? ( Like crypto sites ( e.g.: binance ).
Maybe even mass send email to the contacts about this great new platform they found at >insert dodgy link
I agree with you. The logo/background all definitely looks proton style. Somebody made an effort to make it look like an actual product.
Basically eth and BTC are the only cryptos that make any sense, ICOs are scams, most other coins are scams, and stuff like the USD coin show that even the legitimate sounding ones are incredibly fragile.