I couldn't have said it better!

Education is the only way really. Not just the children but the parents as well. Not all know about the dangers of the internet and even though some may know it, most, sometimes we don't know how bad it can be, just like this Momo crap.
Especially in more isolated towns. We still have the internet but there is much less talk of what goes on in the world. I can say what really upset me with this is, when I spread the word to the people around me, they knew about it already and never gave it a though to spread the word. Those people are my friends and never told me. That kind of hurts. My son knew about it before I did, before I had the knowledge of how bad things can get. But it is life. People expect everyone knows.

The damage it does gets implanted in our kids brains. Time to change our ways of letting our kids have a free for all on the internet. As you said, time will tell.