Elon Musk posted another tweet regarding the issue of cryptocurrency scams
Elon Musk has once again drawn attention to the proliferation of cryptocurrency giveaway scams.
The billionaire jokingly asked Dogecoin co-founder Billy Markus if he would send him 1 DOGE coin after receiving 2 DOGE coins from Musk.
If I send you 2 Doge, will you promise to send me 1 Doge?
– Elon Musk (@elonmusk) October 27, 2021
Flattered by such attention, Markus said such a question was “the perfect answer” to his warning about the risks associated with crypto.
there are no promises in crypto except scammers.
people who tell the truth will tell you it’s all about risk. your profits only come from other people taking their own risks. if you lose money, you pay for someone else’s risk.
in the end, it’s your choice.
– Shibetoshi Nakamoto (@ BillyM2k) October 27, 2021
In a thought-provoking tweet to naive members of the crypto community, the Dogecoin co-founder writes that the profits come from taking risks by other people because there is “no promise” in crypto.
Last week, Musk also complained about crypto Twitter fraud, showing his growing frustration with countless fake accounts.
In July 2020, the entrepreneur’s Twitter account was temporarily compromised to advertise a Bitcoin giveaway scam in the biggest hack in the history of the social media platform.