Run this video on a loop until you understand the message
Not convinced yet? OK. Lets do some math.
Here is what usual giveaway scam looks like. There is a stolen video of Charles with some “Go CADANO Go!” slogans to get you excited. Then they tell you if you go to some website (that sounds legit-ish) and send ADA in just a few moments Charles will send you DOUBLE the amount of ADA back! Yes 100% return on your money in just a few moments. Example below (I did remove the website name, just in case ):
To participate you need to send minimum of 3500 ADA (however I seen them go as low as 1000 ADA) and some say you can do in only once, because they can tell if you are using the same wallet. But that’s not a problem since anyone can create as many wallets as they want in a minute.
So lets say it takes 3 minutes to send ADA to them and they send you back. You transfer ADA in another wallet and you are good to go again! Total maybe 5 minutes?
You send 2500, now you have 5000
You send 5000, now you have 10000
You send 10000, now you have 20000
You send 20000, now you have 40000
You send 40000, now you have 80000
You send 80000, now you have 160000
You send 160000, now you have320000
You send 320000, now you have 640000
You send 640000, now you have 1.28 Million
That’s 9 transactions at 5 minutes each and you made over a million ADA! You still think this is not a scam? Let’s keep going…
You send 1.28 Million, now you have 2.56 Million
You send 2.56 Million, now you have 5 Million (just gonna rouned it down to closest mil at this point)
You send 5 Million, now you have 10 Million
You send 10 Million, now you have 20 Million
You send 20 Million, now you have 40 Million
You send 40 Million, now you have 80 Million
You send 80 Million, now you have 160 Million
You send 160 Million, now you have 320 Million
You send 320 Million, now you have 640 Million
You send 640 Million, now you have 1.28 Billion! (Yes with ‘B’ )
That’s another 10 transactions at 5 minutes each plus 45 minutes for starting transaction. Not bad in 1 hour and 35 minutes you became a billionaire. Lets keep going!
You send 1.28 billion, now you have 2.56 Billion!
You send 2.56 billion, now you have 5 Billion! (Rounding down again only a few mil )
You send 5 billion, now you have 10 Billion!
You send 10 billion, now you have 20 Billion!
You send 20 billion, now you have 40 Billion!
You send 40 billion, now you have 45 Billion! Wait?!? What?!? Ahhhh… we reached the max. There is only 45 Billion ADA in existence. So in about 26 transactions and 27 wallets you were able to get all ADA in existence in just over 2 hours!
If you join crypto movement… ANY crypto and decide to be your own bank you MUST educate yourself about safety of your holdings. If you are not sure or it sounds too good to be true, check first and ask questions. Very small time investment to prevent huge loses.
Hope this helps
… and keep your ADA safe