I was going through my Facebook page recently and I found out that one friend I use to have sold her Facebook account to some professional con artist, they managed to redesign the page in such a way that you'll never get a wind of any potential scam, they even added links back to YouTube, Twitter and Instagram accounts where they had up to 60 million followers, but if you click on the links, it doesn't redirect.
The main clickbait here was the account was always talking about crypto trading and how people can become rich for so little. You could tell that their ability to build a con page was better than their knowledge of Crypto and this could pass, without anyone noticing.
Why Always Scam?
So What Impression Does Aesthetic Creates In SCAM?
A lot of people who are on Facebook do not know much about crypto, this is because Facebook and its policies made it so, having ardent and altruistic information about Crypto isn't what you'll see on Facebook.
A lot of people would be more impressed with the aesthetics and the attempt at authenticity, making them easier scam targets.
For someone like me, it was easy to spot the scam because of my exposure and this is why they chose Facebook to build this scam. How they con people was coy, it was indirect but genius.
*What Inspires This Evil Ingenuity?
The thing is that they'll have random accounts tagging them account and thanking them for running a particular crypto program that financially changed their lives.
These tags would appear on the timeline of different people, making people curious, making them the potential victim of scam, there were other ways too, but this stood out.
For a minute I was admiring the sheer class and beauty of this scam, it was so nicely done, I was taken away by it, the length at which a scam can go might leave you asking questions like "for such brilliant minds, why not build something legit?"
Greed: The Need For The Scam Economy
It's not rocket science, greed fuels the need for scams. More people are looking for unrealistic ways to become rich, some others are interested in outrageous ROIs, the ripple effect is that more scammy businesses will be built because they're exactly the answer to the unexpectedness of wealth and the people who are rigorously seeking it.
The truth is greed can be manifested often in some. In the case of some others, it can be underlying and needs the right clickbait to activate it. When you look at man's quest for wealth, it's easier to tap into their curiosity by matching some of their expectations with unrealistic things.
So scamming itself is an industry that mirrors every real business opportunity out there but with better incentives and a lesser need for higher input.
Going Legit Can Be Slower
The concept of quick money negates the essence of being legitimate in business, this might sound awkward but it's completely true. Quick money is a thing that will never become extinct, not now, not in the future, irrespective of any futuristic innovation that'll prod people into embracing the need to grow wealth rather slowly or organically.
One reason for this is that it's embedded in the human psychologically to seek ease, especially in the aspect of money making. There are fundamentals to money making and we have to realize that not everyone would accept this, the people who won't seek unconventional methods to doing so.
I mean take a look at the need for compound interest, it's a formula that spans time, especially when people apply deferred gratification. This concept generally stimulates the ideas of obtaining futuristic gains by sacrificing the pleasure that's viable today.
Compound Interest: Textbook Beauty?
Scam Pays
In reality, Going legit rather than building a scam seems reasonable on the surface, but this isn't entirely true. Scam arguably pays better than going legit.. plus, it's an industry, that feeds the craving for greed.
This isn't saying scamming isn't difficult, I mean I've seen people cloning Instagram accounts of popular people to swindle others, but it's a lucrative sector fuelled by greed. building slowly can be tedious too.
The application of knowledge for this is quite different from scamming. For example, Crypto isn't what a lot of people think and this is because they're more focused on greed, creating a loophole that Makes it easier for them to be scammed.
Interested in some more of my works?
The Intrinsic Propensity To Spend Money
Poverty: The Unwillingness To Spend?
A Scenic Bathroom Photoshoot
The Importance Of Having A Contingency Money Plan
Translational Value; What Is Your Worth?
Using Crypto As A Means Of Transferring Will
