Fake news influence novice crypto users!

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Avatar for Treater98
3 years ago

I want to introduce you to an aspect that many of the users of the crypto community on the internet undervalue, it is the trust that people have towards the cryptos.
It is not a secret that every day new scams are born and die on the internet fueled up by cryptos because they are thought to be anonym, but another factor is taking place, fake news!
As we know, the price of cryptos is unclear, it is hard to guess what the future price will be, but one thing that we can say is that it gets its value from the "trust" that people have in it.

We all know that fake news are pieces of information that are distorted or completely invented to make the reader do something or believe in something.
Misleading words are not written only by unofficial journals on the internet, but they are even used by big journals, mostly just in the title of each article, to attract attention of the customers.

Known journals are used to put a little lie in titles but on the internet the lie can be constructed in a more complicated way.

Some of the tools that malevolent users of the internet use to spread fake news are: ➖Videos: edited in such a way to transform the actual information, or just decontextualized;
Pictures/Memes: representing improbable or decontextualized situations;
Actual articles, long texts that fool the user with a long text that gives them authoritativeness.

We started talking about trust, because that is what drives people into discovering and eventually using any Crypto, may it be Bitcoin or Bitcoin-Cash or any other that you can imagine.

It came to my attention, recently, that a lot of fake news as well as fake journals with absolutely fake articles are claiming the more various things.

Most commonly i saw the type "Elon Musk told to buy xxx", but even worse.
The Elon type tries to convince people that Elon is "pumping" another crypto, even using fake proofs as fake tweets and fake accounts, to pump a particular coin and of course taking advantage of this fake news to gain from the pump of the coin.

The second type in my opinion is much worse. They build a webpage with a fake journal name, invented or stolen from a trusted header, and then they pick a random celebrity and they claim that the celebrity said something.
Famous chefs, singers, politicians, actors, anyone popular is subjected to this phenomenon.

The one that got me, was an article about a famous chef, that i'm not gonna mention, interviewed by a famous interviewer as well. In the fake interview he spoke about how he found this "fantastic trading app" that lead him to double his patrimony in just a few clicks on the app.
Of course any daily user of the internet will notice that the article stinks, but if people who fall in these traps didn't exist, these fake news wouldn't exist.

Eventually i digged into the webpage, eventually finding the app which was a downloadable .apk file that, i guess, you are supposed to install.
We all know that installing unverified apps could end up in various bad situations in which the harmful software could steal your data from your mobile or, in a more elaborated situations, ask a deposit on a fake trading app and snatch the deposited sum.

This phenomenon happens on daily basis and it spoils the image of the cryptos to the new users approaching this world.

If you are reading this, you are probably not a person who is easy to trick with such methods, but i admit it, for one second i believed in the fake news of Elon pumping another coin, but as a good user of the world wide web i explored the topic more and i found out that it was a "joke" (if you allow me to call it like so).

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Avatar for Treater98
3 years ago

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