I just watched a news about Bitcoin scam here in the Philippines a little while ago that aired on the national television. A couple scammed almost 1 Billion Php (19,260,000$) to 50 Filipinos by the use of pyramiding scheme. What will be the impact of this news to the Bitcoin investors in the Philippines? Will it decrease?
it has 0 effect.
it is not the first time that some idiot(s) got scammed by some scumbags on the internet. it is always because they are greedy idiots around. and because this is not a new thing, people who matter most already know the situation and know what bitcoin is. they don't care that some idiots got scammed using bitcoin. they know better than be affected by it.
Scam that is related to bitcoin does not affect the system of Bitcoin. Becasue the reason why people get to this kind of situation is by dealing with wrong decision and Bitcoin is out of the reason why they have some bad decision in life. Bitcoin is a currency in the form of crypto which could probably gives people a chance to earn and to gain profit in many countries including developing countries like Philippines.