Fake Crypto Gurus — False Glamor and Real Risks

💎 Crypto is rapidly taking over the world, and along with it, the number of self-proclaimed «gurus» promising 100x returns and instant success is growing. It’s getting harder to figure out whom to trust. People without enough knowledge often fall into the traps of those who skillfully play on their expectations.

🥸 These phony experts cleverly create a glamorous image — flaunting a luxurious lifestyle and sometimes even appearing alongside celebrities. But their advice can leave you «drowning» in useless information, filled with zero promises. Free tips lead to paid courses that turn out to be as empty as your wallet after trying to follow their recommendations.

🛸 Not all that glitters is gold — sometimes it’s just cheap jewelry. Always check the portfolios and trades of these crypto geniuses before trusting their words. The best way to avoid mistakes is to do your own research(DYOR). In the crypto world, the responsibility for decision-making lies entirely on your shoulders, and no one will do the work for you.

What are the most ridiculous crypto strategies you've seen from these fake experts?

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Smart Contracts — The Future Without Intermediaries and Errors

🗿 The story began back in 1994 when cryptographer Nick Szabo — or, if you believe conspiracy theorists, it was Satoshi Nakamoto himself lurking in the shadows — proposed the crazy idea that “computer code can execute the terms of a contract without intermediaries”. However, as often happens with great ideas, their realization was postponed “for later” until the advent of blockchain.

🔘 The real comeback of smart contracts happened with the launch of Ethereum in 2015 — created by Vitalik, a person who looks like his hobby is not coding, but saving galaxies. This platform allowed for the automation of agreements that execute upon the occurrence of predetermined conditions. Importantly, smart contracts eliminate User Error. Since then, they have rapidly penetrated the world of decentralized finance (DeFi), NFTs, and DEX services, making "ether" a favorite among investors.

🧠 Their possibilities are just beginning to unfold! Contracts can not only replace lawyers and accountants, which already sounds cool, but also automate entire industries. Imagine logistics where deliveries don't get lost along the way, as often happens, and money is automatically transferred as soon as the package is received. Who knows, maybe one day smart contracts will ensure that subscriptions to apps truly cease immediately upon cancellation?

What everyday inconveniences in your life could disappear if you used smart contracts?

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