From day One
Since birth ... we are driven by rewards: It’s human nature to be driven by those that rewards us.... and that is where the scammers strikes. Scammers often lure unsuspected victims whom are driven by free/quick money. Such as bitconnect scammers, mining scammers, Nigerian prince scammers and the latest scam.... “send me bitcoins and I will return double the amount.”
No matter what the products are .... some will always have bad intentions... but as long as we have a majority of honest steemians... the platform will flourish.
You analysed it well ..I agree. Thanks for your comment and more success