Bitcoin and cryptocurrencies are here to stay. Money, any form of money is based on trust and Bitcoin's trust is growing by leaps and bounds, all the time.
This is just a partial list.
Bitcoin now accepted:
Cheap air
Expedia
Microsoft
Wikipedia
Overstock.com
Tiger direct.com
KFC
Subway Subs
Name cheap
Playboy
A.T.&T.
Starbucks
Hotels
You can buy gifts cards for
Amazon.com
K-mart
Home depot and hundreds of others business.
Video games
And now so many online stores and business from newspapers to charities, to real estate, to shop keepers restaurants, and growing...
https://99bitcoins.com/bitcoin/who-accepts/The fear is there because it is unregulated by the government. But most of this fear is from the government itself, and their propaganda.
According to different reports you would have a hard time getting a government job, or even passing a security clearance if you own a cryptocurrency account.
https://www.stripes.com/news/us/bitcoin-a-shadowy-realm-as-us-weighs-security-clearances-1.529596The governments are going to hold put as long as possible on legitimizing bitcoin and cryptocurrencies but they already have a foothold worldwide. It may change an dgo up and down but it's not going away..and has as much chance as being stable as any other money, because people and companies are putting their trust in it.
As far as being a scam and anybody's
brother's losing his life savings, or anybody at all and losing it...that is tragic! But hardly because it is a scam.
It's from bad luck, poor trimming, and bad judgment. Who would put their family at risk but gamblers? And you don't need bitcoin for that. Anybody can gamble and lose any kind of money.