Sure but the feedback system works well enough to weed them out quite fast. When people get burned they learn, big papa gov regulations prevents learning.
Darknet markets are the best example of self regulating markets. Its truly amazing and it doesn't get enough credit
Of course most are run or acquired by intelligence agencies eventually....
How come darknet markets work extremely well then?
How do you know they do --- have you done a survey?
Some people value steady profits much more than a one time scam.
Why do some people become criminals instead of getting a nice steady job? Maybe because it is more profitable and requires minimal effort. And lots of scams aren't "one time".
Darknet markets are the best example of self regulating markets. Its truly amazing and it doesn't get enough credit
Of course most are run or acquired by intelligence agencies eventually....