Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the only trusted cryptocurrency
by
serjent05
on 13/07/2016, 09:13:47 UTC
https://news.bitcoin.com/onecoin-false-misleading-warns-belgium/

At this point of time there are many cryptocurrencies that have appeared after the success that bitoin has shown to the whole world. Many copy cats are making their own coins which seem to look like bitcoin but with different feature.

Last july 11, 2016 an article was released saying that Belgium has warned investors against the use of Onecoin. According to Authorities Onecoin maybe a Ponzi Scheme since the funds and sources are questionable. Onecoin and its organizers have been receiving negative feedbacks due to this issue.

At this case, I will presume that the only trusted coin is bitcoin. What are your thoughts on this? Do you agree with me?

I think Bitcoin is the most trusted cryptoccurency as of today.  Aside from Bitcoin, there are other cryptocurrency that is  popular and trusted by its community.  We can't state that Bitcoin is the only trusted one Cheesy.  As per argument and reasons, bitcoin is not trusted by some country, even warning people on joining or using it.  Same goes with the less popular Cryptocurrency.  Our only basis is it's users and adopters, which other cryptocurrency also have.