Post
Topic
Board Scam Accusations
Re: is anything bitcoin not a scam?
by
MPOE-PR
on 20/12/2013, 18:09:52 UTC
pretty ridiculous!

there doesn't seem to be one exchange that works correctly / honestly? someone correct me if I am wrong?

half the merchants pull runners and vanish with stuff, or just don't ship stuff

at least 95% of anything to do with mining is a total disaster

Seems like bitcoin is a magnet for scams - and its getting worse not better.

See here.

No, not everything is a scam. Yes, however, many things are. And yes, they'll always be around, more or less. The key is to arm yourself such that you're impervious. This means reading. A lot. It means listening to those who have been around longer and who've established they know what they're talking about. Even if it grates. This means not using a product or service if your due diligence shows it's not a good choice. Even if it'd be easy to try, even if the operator seems nice.

This isn't a problem intrinsic to bitcoin, it's a problem intrinsic to people. The solution is changing yourself, not BTC. Those who can adapt will prosper, and those who refuse will continue to get fleeced.