Post
Topic
Board Beginners & Help
Re: what about scammer ?
by
BitcoinMagician
on 26/11/2015, 07:22:34 UTC
i like bitcoin

low fee but more scam

what about scammer ?

well scammer is every where digital money or not. its your choice to be more cautious or not.
im sure you can tell if someone is trying to scam you.
I guess OP is saying that with Bitcoin, scam attempts are more prone due to its pseudonymity. It does represent a problem since it isn't recognised as a legal currency by countries yet and if you get scammed, it is impossible to get it back. As it grows, I won't be surprised to see more of such things. Bitcoin multisig escrow is trustless but it needs a neutral party and takes a long time for the transaction to complete.