Note by @jeder

@nullenvk @jeder Most people would never tolerate common scams in a physical setting but if you make one small change as to the technology being used, the mentality in some people changes.

This phenomenon of distancing layers via technology is actually really common; think of how many friends you have that would never fall for traditional multi-level marketing scheme, "get rich quick" scam, penny stock pump and dump, but then if you change the technology to, say, cryptocurrency, then some of those red flags just subconsciously go away. I've seen real-life examples of people who on one hand are aware enough to say all these influencers trying to shill this penny stock just want to pump and dump me but then later on they say "Yeah, I really do think that this doggy themed token with no utility whatsoever is going to become 100x more valuable so I better get in quick!" and you might even know somebody who went "I'm not going to give this RuneScape scammer my go- oh my goodness Obama's doubling my Bitcoin on Twitter!!".

So many new scams are just old scams with new technology because of this very same psychological distancing barriers that we subconsciously create.